> it's no different from buying a house on a mortgage. It's very different. The mortgage equivalent would be an investor taking out a loan to buy out the mort

> it's no different from buying a house on a mortgage. It's very different. The mortgage equivalent would be an investor taking out a loan to buy out the mortgage, transferring the deeds of the house to themselves. And then transferring the loan into the mortgage-payer's name and making him responsible for paying it off. They've really done nothing except use their superior credit status as abritage to obtain a tangible asset.