http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/ Banking articles Mon, 08 Dec 2008 07:25:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-79 acermill Sun, 07 Dec 2008 14:49:05 +0000 http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-79 It would not happen. Some other lender would purchase the mortgages, simply because there is value there. No bank has ALL crappy mortgages. Another lender(s) will analyze the quality of the 'paper' and make a decision what the entire package is worth, and would purchase same, perhaps for less than the actual outstanding amount. It would not happen. Some other lender would purchase the mortgages, simply because there is value there. No bank has ALL crappy mortgages. Another lender(s) will analyze the quality of the ‘paper’ and make a decision what the entire package is worth, and would purchase same, perhaps for less than the actual outstanding amount.

]]> http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-78 nztip Sat, 06 Dec 2008 02:33:57 +0000 http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-78 Phone the bank tomorrow and ask what is happen get case # and operater Phone the bank tomorrow and ask what is happen get case # and operater

]]> http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-77 jake69 Wed, 03 Dec 2008 02:07:03 +0000 http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-77 Someone would buy them but not for the total value. An investment firm would buy them for some low percent of their actual value and attempt to collect the debt. If they are able to, they would make a large profit. If they can't, they are then the owners of the property. Someone would buy them but not for the total value. An investment firm would buy them for some low percent of their actual value and attempt to collect the debt. If they are able to, they would make a large profit. If they can’t, they are then the owners of the property.

]]> http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-76 nom_nom_nom Mon, 01 Dec 2008 04:15:02 +0000 http://banking.easyhomearticles.com/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-76 Free houses!!!! Free houses!!!!

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