The Wall Street Journal reports that many homeowners having difficulty with their “present” mortgages for many reasons are purchasing smaller, less expensive, homes in their neighborhood - after which they let the bank foreclose on their larger home and move into their new home. All of this is, of course, completely illegal! The lenders are becoming aware of this new tactic - so sellers or buyers beware! Do not lie on your loan documents! It is considered FRAUD!! Don’t do it!