Foreclosure Wave Could Culminate in ‘Major Event’

The near-future will be bringing a wave of foreclosures, according to a Federal Reserve economist, but this will not be at the severe levels experienced in the aftermath of the 2008 economic meltdown. In a presentation titled “Housing Insecurity in the Time of COVID-19,” William R. Emmons, lead economist with the Center for Household Financial …

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Source: DS News

2020-09-29T13:22:40-06:00