The scourge of foreclosures has brought a lot of moral issues to light. Is it OK to simply stop paying your mortgage? The answer you get depends a lot on who you ask and what the circumstances are. If you’ve never thought much about this question, you may soon. There are so many mortgages going into foreclosure that it may soon happen to you or someone you know. And even those who don’t go through foreclosure may still be vulnerable to terrible mortgage conditions.