Dumb bell homeowners just failed to read their loan docs, including the Pooling and Servicing Agreement, Trust Prospectus, REMIC, etc.
I’ve read mine and I found some tasty nuggets. (damn the PSA was 370 pages of fine print....)
"We're not predators. It's not our fault if those illegal immigrants can't speak English, are uneducated, ignorant, and don't read what they're signing..."
Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim the tribute of patriotism, who should labor to subvert these great pillars of human happiness, these firmest props of the duties of men and citizens. The mere politician, equally with the pious man, ought to respect and to cherish them. A volume could not trace all their connections with private and public felicity...---President George Washington's Farewell Adress; 1796