After the loan crisis erupts, the US stops redeems the case to increase, according to the statistics, jinnian qian 9 ge yue the bank already cancelled the mortgage to 816,000 households real estate to redeem the power, at the end of the year this digit estimated will amount to 1,200,000 households.
So-called “will stop redeems” is refers to the bank regarding the owner who these incapable will continue to repay the mortgage loan again to adopt the reclamation to mortgage the house the procedure, the owner hereafter will have no right to redeem these real estate again.
The market estimated that “stops redeems the gate” the lethality is similar to possibly the loan crisis, or involves several hundred hundred million US dollar lawsuit costs and the compensation. The analyst pointed out that first, the house-owner like discontented silver behavior redeems the operation not to gather the gauge to be possible to file the lawsuit to the bank, next is mortgage loan bond (MBS) the investor and the Insurance company may also to the bank seek redress, because the bank has sold these mortgage loan securitization gives the investor and insures by the Insurance company. If the bank is verified the operation contrary, will also face the supervision organization the fine.
“stops redeems the gate” not less than another to record the heavy losses to the American Banking industry, makes the investor to worry that the bank profit will receive again attacks. Up to October 15 three days, the American Bank, Morgan passed, the American flag group and the rich country bank market value greatly have shrunk 49,300,000,000 US dollars.