Banks limit negative equity

The US banks are being asked to cap borrowers debt at 115% of the value of their homes, this act of generosity by the banks will be rewarded by the homeowners pledge to stay up to date with mortgage payments.
The banks stand to lose much more if homeowners give up and start to hand in the keys to their homes, this way the pain is minimised for all. With an estimated 13million American home owners thought to be facing repossession or over 90days in arrears with mortgage payments schemes like this would help the American economy back out of the woods.