[Religion and Politics]

Once the government owns the banks, then there will be no reason to pay the mortgage. At least as long as you make less than $75k a year.

[madison10]

I’m good. We’re now on the poorer end of things since my husband retired.

[JasonC]

Nobody is paying their mortgage now. Sort of how we got here. (OK, not nobody, just "enough" somebodies). That's why the government is paying the banks for the unpaid mortgages instead. Someone pays for them. Period. Not banks or bankers or a mystical money tree in the sky. Every dime of bad debts will be paid by the government or taxpayers or future borrowers, with interest. The longer they take doing it, the more times over they will get to pay it back. Capital is paid for in full or it evaporates. It *is* the stream of payments paid to support it.