[jiggyboy]

it seems like those are the sort of people that need the most help and is it a bad thing if they take an incentive and don't walk away?

I think it's a fair bet that somebody who has virtually no money down in the property was a late entrant into the housing bubble. It follows that they bought their house at a price far higher than it is now or will be for a number of years. In this case, the offer to continue paying off an overpriced asset is no incentive at all.

[the invisib1e hand]

I think it's a fair bet that somebody who has virtually no money down in the property was a late entrant into the housing bubble.

It'd be fair to me, if I could take it.

There was no point tying up cash in equity when money was so easy. It didn't make sense.