If data from Countrywide can be taken as accurate:
Reason for Foreclosure Percentage
Curtailment of Income 58.3%
Illness/Medical ------ 13.2%
Divorce------------- 8.4%
Investment/Unable to Sell 6.1%
Low Regard for Prop. Ownership 5.5%
Death-------------- 3.6%
Payment Adjustment-- 1.4%
Other--------------- 3.5%
WSJ's Marketbeat 12/5/07
Reason for Foreclosure Percentage
Curtailment of Income 58.3%
Illness/Medical ------ 13.2%
Divorce------------- 8.4%
Investment/Unable to Sell 6.1%
Low Regard for Prop. Ownership 5.5%
Death-------------- 3.6%
Payment Adjustment-- 1.4%
Other--------------- 3.5%
WSJ's Marketbeat 12/5/07
