That may well be. However if he worked so hard than he could worked hard to look up the word "bankruptcy" which would have kept him in that home for another 9-36 more months.
Or he may have been one of the majority of foreclosures--those who have been in the homes less than 5 years, lured by the rocketing prices and stupid mortgage deduction, when they ought to have been renting. We haven't learned from this crisis to eliminate the perverse deduction, or at least introduce a renter's deduction, so people can make more rational choices absent government distortion of the markets.
I don't know he didn't, do you? You can speculate all day, but the fact is, this is a pretty sad story when some Americans are reaching a point where they're just saying, F-it all.