While depressed property values can hurt some large investors, they are potentially devastating for homeowners, whose equity-in many cases representing a life's savings--can plunge or even disappear.

• Athey are potentially devastating for homeowners, whose  
• Bthey can potentially devastate homeowners in that their  
• Cfor homeowners they are potentially devastating, because their  
• Dfor homeowners, it is potentially devastating in that their  
• Eit can potentially devastate homeowners,whose