[quote=CA renter]Why not? The govt is encouraging all this nonsense with their “foreclosure moratoriums” and bank bailouts. For as long as they are encouraging fraud, they will get fraud. Why shouldn’t everyone else join the lender/borrower fraud orgy?[/quote]

Agreed! As long as the banks refuse to put empty REO houses (shadow inventory) on the market, which we the taxpayers have paid for in bail-outs, let homeless and people in need move in and squat for as long as they can…

At least someone will be getting the benefit from the house instead of the bank, i.e. artificially keeping housing prices high by not releasing inventory…