Foreclosures Jump As Banks Bet On Rising U.S. Home Prices
When Bloomberg was reporting on the 11% increase in foreclosures for May, they turned to Taylor Johnson client MACK Companies, one of the largest owners of online casinos single-family rentals in the Chicago area, to shed light on the matter. MACK”s Eric Workman explains that increased demand and improved pricing is driving banks” willingness to proceed with foreclosures.