And by the way, I think this one of the most interesting posts I've seen in a while.

Ultimately, some of the financial loss I've handed to the bank is being taken care of by taxes I've paid. So, between that and the fact that I did try to work with them I think any moral obligation to them is over. Even if that weren't the case, I still might have done it. Their policies are the reason my house was so expensive in the first place, and then lost so much value. They made all kinds of money during the housing boom, so it's only fair if they take some of the loss.

I would feel like I let my neighbors down, but my foreclosure didn't drop their property values at all. The banks here in Bakersfield are already holding so much inventory that the market will stay stable as long as they only sell it off bit by bit, which they have been. My foreclosure will only make the recovery in my city take a tiny bit longer. So really, not much of a moral obligation there either.

I think it was just hard to put it in the right perspective while the process was happenning. Thus the lost sleep.