This happens all the time, they pony up the money and you pay interest on the loan.
In Dutch, interest is actually called 'rente'.
That happens all the time in the US and other countries. Banks typically try to sell off those repossessed real estate assets fairly quickly because they aren't really in the landlord business, but when there's a supply glut they may have to hold for several years.
US regulators also require banks to move non-performing loans and assets off the balance sheet. Allowing banks to hold them makes the balance sheet murky and hard to determine if the bank is solvent. In the 2008 financial crisis banks sold houses off in blocks of 1,000 at a time to hedge funds.
Of course. Some banks have their own real estate arms that sell/rent/manage these types of assets