[FollowingTheDao]

It is also funny that people think banks do not want you to default on your mortgage. What did they learn from 2008? They can hand out mortgages ignoring valid economic signals that these people will not be able to repay it, they will then get your house and the government will bail them out and make laws against sleeping in a public place.

[CyberDildonics]

Houses are worth far less if they are foreclosed on or left without upkeep, so everyone loses money. There is no universe where banks want to take over a house and deal with the overhead of foreclosure and reselling instead of keeping the monthly revenue stream they signed up for.