When did playing by the rules become a crime?

The housing legislation that the Democrat Congress is set to consider today includes something called “cramdown” It’s a provision of the bill that gives judges the power to rewrite someone’s home mortgage when they default and file for bankruptcy, reducing the principal balance on the loan. That is, if someone takes out a $150,000 mortgage on a $200,000 home and then defaults and files for bankruptcy, the judge can lower the mortgage to match the current, sunken value of the home – say $100,000.