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> Exercising your contractual right to default on a mortgage is not corruption or cheating But most American believe it wrong and there is a mixup between what
by rdtsc 10y ago
> Exercising your contractual right to default on a mortgage is not corruption or cheating
But most American believe it wrong and there is a mixup between what is wrong and what is legal. Keeping it that way is a very profitable thing for financial institutions.
GP post brought banks as an example of corruption. And many would agree. However it can still be legal. At that level, those player are basically writing their own laws and regulations.