Just read up on the "Robo-signing Scandal" (https://en.wikipedia.org/wiki/2010_United_States_foreclosure...) and you quickly see why this is a really bad idea.

TLDR: bank has systems issues, thinks you are in default due to bugs, systems "robosign" legal documents saying you are in default, repo home, kick you out, swear to courts it is true, and basically get away with a slap on the wrist