Who are the biggest property owners today?

When I told a politician that something had to be done about people’s homes ending up in the hands of credit acquisition companies, he was sure I was exaggerating. “Only about a hundred and fifty primary residences have been sold off,” he said.

But the problem was never the foreclosures themselves. The real issue is that citizens and businesses are handing over properties — yes, even their primary homes — “voluntarily” to these companies to free themselves from inflated loans....