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What happens if you lose your down payment before closing on a house?

I had a small sum of money that I lost in the recent Yotta collapse/fiasco. This just got me wondering and is making me very nervous about the down payment I have sitting in my FDIC insured bank. What happens if the bank suddenly collapses and I can’t access my money to close on the house in time? What would I be liable for specially since it was out of my control?

submitted by /u/bubu_law
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source https://www.reddit.com/r/RealEstate/comments/1dqd98r/what_happens_if_you_lose_your_down_payment_before/
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