Where is the legality in a bank signing a contract that says you have 30 years to pay off the loan, then changing their minds after a year and saying you now have 30 days. BS! I would never sign a loan document that had such a clause. Who would? Only someone who doesn’t read the fine print.

There are specific reasons stated in a contract that qualify you as defaulting. The home value dropping a little, I’ve not seen that. Has anyone else actually seen that clause?