Why the banks agree to arrangements...
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In most cases the banks have $00.00 in the loan ,, the actual true lender is remote and the bank’s fastest path to cash is to take the security (house) and sell it , they don’t like doing a short sale as it keeps them involved ,, the real lender gets NOTHING... they are cashing in by suing the securitizers but they want to stay uninvolved with the FRAUD the banks are commiting in order to foreclose..
You have an interesting way of rationalizing not paying your obligations.
Most of us get loans from mortgage brokers who sell the mortgage to another entity. The same thing happens with banks and even credit unions in many cases; this doesn't change the fact that an organization owned by individual investors not unlike you or me... loaned you money which you agreed to pay back. It doesn't make any difference how the mortgage was packaged or sold or traded... people gave you the money and you agreed to pay it back. Not doing so when you are capable of doing so, makes you nothing more than a thief, or possibly worse than a thief.
You can rationalize all that you want about this. It is still wrong and you and I both know it.