responsibility for their choices. .

They have ways to convince people that they can afford things they can't and they do the hard sell just to get loans. Yeah, you can say people can think for themselves, but when it comes to buying a home, there is SO MUCH involved and if there's a way to achieve that and you have a bank telling you they'd be glad to give you a loan, you're going to take it. The banks could easily go back to the original finance rates and people could keep their houses. It's all about corporate greed with the banks and the builders. They knew these people couldn't afford the payments with a higher rate, but all they cared about was making the shareholders happy at the time. They could solve the problem today by going back to the original rate. THAT would keep people in their homes.

the terms of your loan before you sign. Home buyers who purchased homes that were way more than they could afford should have known that the day would come that their rates would increase. If they knew they couldn't afford . the higher payment, they should have look for a less expensive home. It is not the governments or taxpayers job to bail them out. .