I don’t see much wrong in terms of the financial process. People default on the mortgage but keep living in the property. That’s not the way to go. The proble

I don’t see much wrong in terms of the financial process. People default on the mortgage but keep living in the property. That’s not the way to go. The problem is that most likely foreclosure is not profitable for investors, so in order to collect money, they have to make life miserable for people. But this is just messed up, because mental health is as important as physical health. So if someone stresses people out to get their money, why the taxpayer/family had to get stuck with economic externality? Imagine instead of stressing people out, we cut their limbs if they don’t pay.