We're on Track to Foreclose on One Million Homes This Year


As the data has suggested for some time, we’re doing well with our plan to put a million people out of their homes this year. “One of every 78 U.S. housing units, or 1.28% of the total, was subject to at least one foreclosure filing in the first six months of the year. That’s a total of 1.65 million properties.” By the way, how correlated are unemployment and foreclosure rates? Math explains: quite.