Quote Originally Posted by 48091 View Post
You don't pay for your house, you don't get to live there.

Presently someone who stops paying their mortgage gets to live in their house for free for a minimum of six months.

I know people that have purposely defaulted on their mortgages, lived in it for free for 6-12 months, then once they're actually kicked out go and buy a house with CASH.
Well, I know a person and know of many more who NEVER missed a payment, but we're still foreclosed on and many more who were screwed over by banks during long drawn out mortgage modification processes. Its not always so cut and dry as so & so didn't pay their mortgage. That's why banks have had to pay hundreds of billions of dollars in penalties in the last couple years. Maybe you haven't been watching the news?