A Tragic Tale Of A Mortgage Loan That Should Never Have Been And The Devastation It Caused A Family

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Donna St. George of the Washington Post has a tragic story (with a slight happy ending) about a woman who made $15,000 a year being given a loan for a $700,000 house with over $5000 a month payments.

The story contains: foreclosure, fraud, ignoring warnings, promises, dreams of wealth, hitting rock bottom, and more.

I don’t want to say any more about it – just read this story. The writing is excellent – the story is compelling – and you will get a taste for what the real estate boom (aided by or caused by fraud) did and is doing to real people.

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