Nice to see the simple answer crowd around as usual. Putting aside any compassion-based reasons to find a better solution than foreclosure and eviction, what do you think putting that many bad loans onto the banks' books will do to the banking system and economy? What do you think putting that many houses on the market will do to home values (YOUR home values)? What do you think having that many people displaced from neighborhoods will do to school systems and your taxes? What do you think having that many abandoned and boarded-up houses will do for petty crime and vandalism? Do you not think there is another way to salvage this situation without eliciting too many crybaby squeals of "It's not FAIR!!!"

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1987 W201 190D