In the state of California, can a second loan be targetted for a law suit?

I know peole that have walked away from their mortgage. They purchased other propetry to live in with that second mortgage. They bragg about the cars and property they got. However, what are they liable for? I have always paid my mortgage on time until paid off. I guess I do not understand this new mindset. Does not seem fair. Maybe I just do not understand this.

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