Comment by dgfitz

> So when a new home owner buys something and suddenly the value drops $100k and the bank wants the money I do feel slightly sorry for them.

I don’t understand this point. If you’re paying the mortgage, the bank dgaf. Is there some sort of margin call a bank can claim on a house that is worth less than it was when it was purchased?

Don’t you just pay the mortgage you agreed to pay the bank?