Why do people say, "Give it back to the bank"?

[Owen Dashner]

Does anyone else find it mildly annoying when people refer to a foreclosure as a property "going back to the bank"?  The bank never owned the property originally, so why would it be "going back" to it? I've never understood why that saying is used. Any other strange real estate sayings out there that don't make a ton of sense?

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