Mortgage mess: Worried your bank may go after your other assets if you're in foreclosure? - South Florida Sun-Sentinel.com by Doreen Hemlock
The article link above is another reason why I think the government's non response is to the mortgage crisis is basically criminal. Not only are some homeowners losing their original down payment and any actual equity built up in their homes, and not only are the new "homeowners" getting an incredible deal on their foreclosed home, the foreclosed homeowner may then become an indentured servant as well.
I believe members of our government have violated the Federal Hobbs Act, the extortion clause, by sanctioning the removal of property assets from homeowners under the color of right, even when they were apprised that wrongdoing was going on.