I think everyone who ended up upside down in their house value should have stopped paying once we realized what a bill of **** the lending industry sold people. Everyone, and let it destroy the industry, for being greedy senseless, bastards. slick, smooth talking salespeople put naive people in all sorts of loan devices that were simply fiscal timebombs. The people just wanted a house to call their own. The industry wanted profit, no matter what the long term cost.