I really feel sorry for these people. Some are exulting in their future downfall. I am not. I think many people got into a game they did not fully understand. The FBs bear heavy responsibility for their troubles but many fell into a trap of smoke and mirrors designed by lenders. Loan documents, fees, schedules, APR, resets, minimum payment repercussions are all things that many average Joes just do not understand. They see ONE thing: What is my payment. Then they sign away their life because it was too complex for them and they relied on their mortgage broker to explain everything to them.