When Foreclosure/Eviction Hurts Everyone

When someone stops paying their mortgage and the bank takes years to finally evict them, unfortunately some people let their homes go without an upkeep whatsoever. To top it off, (for example) some people who owe even a million dollars and more decide to take just about anything and everything, including the kitchen sink.

I feel horrible for this Bank in which their customer took the entire front entrance and replaced it with shed doors and the entire kitchen and I do mean the entire kitchen, including the cabinets and granite counters. I am absolutely amazed at just how selfish some people are, leaving their neighbors with an absolute disaster, lowering everyone's property value.

I spoke to someone in the know and they told me the Bank will now sit on this particular property for a good 5 years and you can only imagine just how bad this, (at one time) $2,000,000.00 waterfront home will fall into further disrepair. 

So the question I have is, while this is a Bank owned property, should the person who resided there, (for free) be arrested for theft?