[unspun]

With banks gaming the system from the very beginning, with almost all of payments going directly to their profits instead of a reasonable amount, to the principle...

With no allowance for actual market value...

...walking away from a property would be my advise to someone I cared about, with no alternative. It's in the contract, after all. Provision has been made.

Let the moneylenders play their game, themselves.

[wolfman23601]

If my job did not require maintaining a DoD security clearance, which is partially dependent on credit, I would have walked already. Considering I want to keep my job, the best option for me is inflation as my mortgage is fixed and my annual raises are tied to inflation.

[HwyChile]

LOL. Uneducated like yourself really are amusing. The banks are not making some huge profit off your loan, and the amount going to interest is just math. The amortization schedule is not some attempt to push more to interest up front. It is the way the math works and it is the interest you agreed to in the loan. If you cannot sign a contract and promise to do what is in it, then you are dishonest. That is what a contract is (a promise between two parties), and if one party can just default on the contract and rationalize it with nonsense like you just spouted, then that person has no business entering into the contract.

[dalereed]

“With banks gaming the system from the very beginning, with almost all of payments going directly to their profits instead of a reasonable amount, to the principle...”

Only because stupid people sign mortgages of 15 years or longer!