If this massive foreclusure were to occur, who exactly would they expect to execute the tens of millions of evictions? I couldn’t even get the city and police to execute my pre-covid judicial eviction. Banks aren’t set up for such collateral collection management and fire sale liquidation for pennies on the dollar. This is fantasy.
I don’t think they have to evict anyone. We won’t have money to do anything with. I think they just want us to die, starving in a house we can’t heat.