Reply #39: Much as the banks would love to guilt-trip people into not foreclosing for purely economic reasons

[Nye Bevan]

a deal is a deal. This couple has every right to exercise their option to walk away, and the bank just has to suck up the loss. If the shoe was on the other foot and there was some clause in the mortgage that the bank could take advantage of, you can be sure that they would.

And I don't really understand why you are so upset. People move all the time. The house will be auctioned and sold for whatever its fair market value is, and new neighbors will move in.