Slowly deflating, don't know about that.
900,000 mortgage foreclosures in the US last year, predicted 1.2 Million this year and next year.
The foreclosure on the mortgage happens in the front of the court house, then the solicitor auctions the house off to the highest bidder at the back of the court house a couple of minutes later. It was on that business program at 12:30pm weekdays on SBS.
