America has not reached the peak of the foreclosure crisis. But a survey by Fannie Mae says that hasn’t hampered people’s dreams of home ownership.
North Carolina is among the ten states hit hardest by foreclosures this year - up there with Florida, California and Ohio. Doug Duncan is Vice President and Chief Economist at Fannie Mae – the Federal National Mortgage Association. He says their 2010 Own-Rent Analysis says no matter the person’s race, geographic region or income –aspirations of home ownership are strong.