DEVIL DAMN BANKS COULD SAVE UNDER WATER MORTGAGES

If banks cared about people whose mortgages are higher than what their houses are worth, they could easily solve the problem by lowering the interest rate so more of their payment would go to reduce the principal balance. This would keep people from walking away from their mortgages. Lending institutions are so inflexible that they can’t get out of the box and do what is right.