Colli Real Estate

if the current rate of seizures across the country continues and banks own all the homes in the way it affects the United States?

Will it destroy the economy and there is no more middle class, only rich or poor?

Your question is very poor. Foreclosure in banks that you do not have houses. They collect payments only for those who do. There is a bank that is rich enough to use your own money to finance the Mortgage Market. The market for subprime mortgages is thinking, everything goes to hell. The reason banks go bankrupt and is excluded because guaranteed against losses. When a bank grants a loan package back and sell it. Country, hedge funds, insurance companies buy all these "values-backed mortgages. "When one of the exclusion of persons over back to Countrywide and said he wouldnt exclude guarantees redemption. The delivery rate mortgages averaged 1-2% when it is 3% and banks believed about 1-2% who have no money to buy back 3%. They are more money. That aside 30 billion euros for mortgage and was 60 billion in losses. He can not redeem. That's what we're seeing now. They must pay Hedgefund countries, companies get money insurance. And they are expensive. It wouldnt bet you have that many executions. The were wrong. They are overloaded and can not pay the money. Now, it is customary to destroy the middle class. His only hurt a small amount of people. But a change of 1-2% market share of foreclosure can kill banks. As the other poster said, which do not affect its 98% of the nation. Other then your property values in the short term move. When I said short term, perhaps 12-24 months.

US home foreclosures hit tenants too – 24 October 2008

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