Can someone please explain to me why anyone with property would place a second mortgage upon it in order to get a loan advertised to pay off high interest debts? For the love of God people, credit card debt is not worth losing your house over. While I am sure the system is abused by some, bankruptcy procedures are in place to protect you in a financial crisis. It absolutely boggles my mind that people would get a Ditech, GreenLight or another similar loan and risk losing the most valuable asset they probably have or ever will. Stupid, stupid, stupid.