Just A Theory: Hope Now
Hope Now is an industry group that is trying to "help" people with subprime loans. I saw the Hope Now guy on TV, and one of the things he said meant nothing to me. He said that no one should go into foreclosure, because that ruins their credit, and bankruptcy is bad, and, he said quite clearly, "deed in lieu of foreclosure" is better. As far as the homeowner goes, the only other advantage of DILOF is that you may get better terms.
So, Hope Now openly suggested that was better. What does it mean? It means you more quickly give your house to the bank. Woot! The Industry Group Hope Now is our New Best Friend!