http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/ Thu, 09 Feb 2012 07:11:19 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-2612 acermill Fri, 19 Mar 2010 02:57:02 +0000 http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-2612 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.<a href="http://www.felinehealthguide.com/feline-friends.htm"> acermill</a> 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. acermill

]]> http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-2611 nztip Tue, 16 Mar 2010 22:02:14 +0000 http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-2611 Phone the bank tomorrow and ask what is happen get case # and operater<a href="http://www.promusicmall.com/portable-and-arrangers-12820"> nztip</a> Phone the bank tomorrow and ask what is happen get case # and operater nztip

]]> http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-2610 jake69 Sat, 13 Mar 2010 21:27:28 +0000 http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-2610 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.<a href="http://www.resumeminers.com/universities-by-degree-program.htm"> jake69</a> 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. jake69

]]> http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/comment-page-1/#comment-2609 nom_nom_nom Sat, 13 Mar 2010 16:08:26 +0000 http://www.secretfinance.com/blog/what-happens-to-mortgages-if-the-bank-goes-out-of-business-and-no-one-wants-to-buy-them/#comment-2609 Free houses!!!!<a href="http://www.cargearusa.com/srch/srch.php?q=hood+scoops"> nom_nom_nom</a> Free houses!!!! nom_nom_nom

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