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Message: <blockquote data-quote="striker754" data-source="post: 1389090" data-attributes="member: 6004">And that same contract you speak of lays out what happens when the borrower defaults. The lender is made whole in the eyes of the law through seizing the property and in some cases can get more in the case of recourse loans. Any morality arguments for this are simply ********. The contract says if person x does not do this person y gets paid back in this way. No morality need be involved. If it is in the person's best interest to walk away from a loan then they should do it. The lender is ultimately responsible for sound underwriting and down payment guidelines to protect themselves. Plus they always have the option to deny extending credit.The banks have ****ed this country incredibly hard and continue to do so today, yet when a woman uses entirely legal and legitimate means to prevent her foreclosure, Americans rage. The bankers and government goons love this ****. Just like wikileaks. The citizens should be pissed at the things their government is doing and yet somehow the media and the government have been able to "rally" the sheep against Assange and wikileaks.I don't know whether it is because most of them are paying a mortgage too and can't stand to see someone not pay. Perhaps they can relate to the mortgage and just can't relate to the amount of money the banks are stealing from the American people. Either way it is sad that that anger is so so misdirected.</blockquote>

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