[Walts Ice Pick]

Morality in business? A contract has terms, including penalties. That’s called making a deal. If you incur penalties, you haven’t broken any moral code. You’ve incurred penalties that were part of the agreement. A bank knows their is risk of default in a mortgage loan. I am sure they charge enough to cover the risk. A person should do what is in their best interests, as long as it’s legal.

You're absolutely right. Usually, we're talking about legal and not moral obligations.

For just that reason, I won't lend money to home purchasers or people who want to refinance without requiring more than just signatures on notes, deeds of trust or mortgages. I insist that borrowers also sign a Covenant With God and pledge their Immortal Soul as part of the deal. If the borrower balks, then he's going home without any money. I have no sympathy for the banks or lenders who made their loans without the proper Covenant.

[Huck]

lol...ah, the old Immortal Soul clause. Pretty iron-clad, I’m told.

[Poison Pill]

I insist that borrowers also sign a Covenant With God and pledge their Immortal Soul

Does God show up to the closing himself to sign? Does an angel come with power of attorney?