The National Consumer Law Center interviewed these three homeowners who are facing foreclosure due to subprime loans.
The Fan Fans
"We thought we went through all the right steps. We went to the home buying classes, we talked to several people... And we were kind of like targeted, set to fail. It’s like a plot."
Ms. Williams
"If you can look at stock brokers and physicians and hair sylists and real estate agents and say those licenses need to be in place, who let the mortgage brokers slip through the cracks?"
Ms. Hunt
"It just kills me. I wanted something secure. I didn’t go into it to be greedy... This is my home. It was. I paid into it all these years. This is my backyard. I’m the one who planted these trees. This is where I raised my grandson. This is where I want to stay."
