[familyop]

They cause the beginning of the big default process, and because of their guilts and fears, try to outlaw freedoms.

[TxAg1981]

There is another aspect of this that I believe is overlooked.
If the gov't guarantees/owns the loan, then a default puts you in a bind with the govt. It also allows the govt to "own" the properties. They can (and will) garnish wages or other assets to recover their "investment".
So, now the federal govt (in lower case..on purpose), owns more of America's assets. Americans are how wholly owned by the federal government.
Slavery is alive and well in the US.