[RobRoy]

>>It’s unjust to have to honor your mortgage contract?<<

Mailing in the keys IS honoring your contract.

But I agree about the poor use of the word “unjust”.

[Notary Sojac]

"Mailing in the keys IS honoring your contract. But I agree about the poor use of the word “unjust”." Yes, and yes. Corporations who own large chunks of commercial and residential properties don't hesitate to let them go back to the lenders if it's clear that's what is best for their shareholders.

Individuals should make the same clearheaded decision, provided that they don't try to have their cake and eat it too by staying in the property after they stop making payments.