“When we have well educated people posting on the internet that they will do much better by simply walking away from the loan, then to me that is a harbinger that perhaps the next time around we need to redesign the process. Yes he is exercising his legal right but maybe the next time around, if that right didn’t exist then maybe he would not have jumped into the game to begin with.”
the bank WROTE the contract. the bank could simply change the wording. adding more laws isn’t needed.
I thought you’re a realtor.