[quote=sdduuuude]Ya, good point, Arraya. I guess the question is – if I’m going to default, why not jsut stop making payments, not tell the bank, and live rent-free for 12 months instead of 6 ?[/quote]
I think people are doing that already. Maybe that’s what this is about. Give people the option of not foreclosing (greater hit on credit) and live for 6 months instead of 12, but give us back the house. Win-win for everyone. Sort of.