Please see post #17 , it is PERFECTLY ACCEPTABLE to the trade group involved , the Mortgage Bankers Association.
“...there’s not a chance in hell they would have shared the appreciation with the lender had the house continued to appreciate.”
If you feel bad about having positive equity in your property you can write me a check for half and I’ll give you a nice thank you note since you seem to disapprove of accumulating wealth.
I have no problem with accumulating wealth, moron.
I have a problem with people who want to capture all the benefits in a potentially risky situation while taking the risk out of someone else’s hide.