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Pictures | Tue Mar 20, 2012 | 3:44pm EDT

Insight: The Wall Street gold rush in foreclosed homes

A boarded up home is pictured in California's Inland Empire, which comprises two counties, Riverside and San Bernardino in this photograph taken April 14, 2009. REUTERS/Dan Whitcomb

A boarded up home is pictured in California's Inland Empire, which comprises two counties, Riverside and San Bernardino in this photograph taken April 14, 2009. REUTERS/Dan Whitcomb

A boarded up home is pictured in California's Inland Empire, which comprises two counties, Riverside and San Bernardino in this photograph taken April 14, 2009. REUTERS/Dan Whitcomb
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A view of a multi-million dollar home in foreclosure on Rexford Drive in Beverly Hills, California February 3, 2012. Some 180 houses in the 90210 zip code have been foreclosed on by lenders, scheduled for auction, or have been served with a default notice, the highest level since the 2008 financial crash, according to a Reuters analysis of figures compiled by RealtyTrac, which tracks foreclosures nationwide. REUTERS/Jonathan Alcorn

A view of a multi-million dollar home in foreclosure on Rexford Drive in Beverly Hills, California February 3, 2012. Some 180 houses in the 90210 zip code have been foreclosed on by lenders, scheduled for auction, or have been served with a default...more

A view of a multi-million dollar home in foreclosure on Rexford Drive in Beverly Hills, California February 3, 2012. Some 180 houses in the 90210 zip code have been foreclosed on by lenders, scheduled for auction, or have been served with a default notice, the highest level since the 2008 financial crash, according to a Reuters analysis of figures compiled by RealtyTrac, which tracks foreclosures nationwide. REUTERS/Jonathan Alcorn
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Realtor Mac McCollum stands in front of a foreclosed home in Bullhead City, Arizona, November 4, 2009. REUTERS/Lucy Nicholson

Realtor Mac McCollum stands in front of a foreclosed home in Bullhead City, Arizona, November 4, 2009. REUTERS/Lucy Nicholson

Realtor Mac McCollum stands in front of a foreclosed home in Bullhead City, Arizona, November 4, 2009. REUTERS/Lucy Nicholson
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