i didn’t mean to imply that you or anyone else here was being insincere. it’s the offer of help itself that is insincere. the comment merely provoked the thought. i could have probably worded it better, but i just typed while i was thinking about it and didn’t bother reviewing.
the alternative for these people isn’t higher priced financing, it’s bad credit. it’s walking from their homes, get dinged on their credit, but being in a better position financially on down the line; 7 years with a mark, but it’s only a mark, it’s enough time to show good credit, save money and even buy back in under more favorable conditions. bad credit is far from the end of the world.