What happen to the folks who have loans/mortgages from those fall companies?
Do they still need to pay put a bet on that money? where do they send it to?
Answers:
logically they need to pay it subsidise.Its because of bad loans that these companies have fall.People took out loans they could never repay because they didn't make enough money (called living beyond your means)and the companies sold mortgages to society for little or no down payment and it caught up beside them.To many bad loans
Those companies will be taken over by other machinery and you will continue to pay your mortgage on the dot in full amount ! It is your obligation and you signed at the dotted lines when you bought the house.
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Answers:
logically they need to pay it subsidise.Its because of bad loans that these companies have fall.People took out loans they could never repay because they didn't make enough money (called living beyond your means)and the companies sold mortgages to society for little or no down payment and it caught up beside them.To many bad loans
Those companies will be taken over by other machinery and you will continue to pay your mortgage on the dot in full amount ! It is your obligation and you signed at the dotted lines when you bought the house.
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