Lender write-offs are often waaaaaaaay more financially advantageous than slow, low or non-perfomring loins, er, loans. Accounting rulez.Perhaps the solution is for lenders to adjust loan interest rates or something. It's the interest and late charges that are putting so many people into forclosure that might otherwise be able to hang on. I understand they're in business to make money but when lenders forclose, they not only lose their profit but often lose their investment so why not forget the greed right now, forgive interest for a year or so and let people that qualify pay only principal and escrow. I'm not a financial analyst but wouldn't this be a better scenario than billions in bad debts they've got right now?