Tim Foley
Home Disadvantage
In this game almost every player wins—except for the cash-strapped homeowner
The Home Buyers
Average Jane and Joe, eager to own a piece of the American Dream. Unsophisticated about exotic mortgages such as option ARMs, which they use to buy pricier houses than they can afford. If they need to sell in a hurry, they may find that rather than building equity, they’ve buried themselves under a heap of debt.
Read the storyReader comments