The major drop in foreclosures can be tied to a number of economic factors, but the major reason is the jobs market, according to Orawin Velz, an economist at Fannie Mae. Trigger events like an illness can also factor in to those situations.
The major drop in foreclosures can be tied to a number of economic factors, but the major reason is the jobs market, according to Orawin Velz, an economist at Fannie Mae. Trigger events like an illness can also factor in to those situations.