The Bank Doesn’t Own Your House (Neither Does the Government) (opens in new tab)

There’s a common trope among people who have collateralized debt that, until the debt is cleared, they never truly own their property. For example, the bank holds the mortgage, and if mortgage payments aren’t made, the bank can seize the house. The trope says that the “pay to stay” nature of the loan means the […] The post appeared first on <a href="