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How about this you have a mortgage on a house for 3 million and lender is worried you will stop paying maybe because you missed some payments. Now you schedul
by SigmundA 6y ago
How about this you have a mortgage on a house for 3 million and lender is worried you will stop paying maybe because you missed some payments.
Now you schedule a bill pay at your bank for back payments
to your lender and your bank messes up and pays off the entire mortgage with their money.
The lender then recieves a lump sum payment from you which pays off the mortgage and they are happy.