People who default on their mortgage repayments may have their home repossessed.
I didn't get it :/
fail to fulfil their payment duties
To repossess = to lose?
Will people loose their home in this context?
Last edited by guliver; 25-Sep-2011 at 20:18.
Yes, if the bank "re-possesses" (takes possession again) the borrowers will lose their home.
Note: "Lose" and "loose" are two different words.
Yeah, I knew it! Sorry... I made a mistake!
Thank very much guys!