[quote=davelj]Clearly the most unethical are the folks who can’t pay because they were living well beyond their means.[/quote]
I’ll buy into the “sliding scale” of unethical behavior. It isn’t black and white. I suspect my scale is a little different than yours. I don’t think any walkers-away are very far down the unethical path.
I want to agree that those who stop making payments, then rent out the place are acting unethically, but I’m not sure I can – just because, again, the banks are stupid enough to let it happen.
I just don’t understand why the banks, after two years of this, have not staffed up to a point where they can foreclose more rapidly on these people. I bought the “not enough staff” line last year, but with a high unemployment rate, it seems the banks should come through with some bodies to hammer out these foreclosures. Maybe we need a new thread for that one, though.
