The American Dream turns into a debtor's nightmare
The American Dream turns into a debtor's nightmare
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A sad, but common, tale starts with alleged predatory lending, intensifies with impossibly high payments and usually ends in foreclosure. Soledad Aviles dreamed for years of owning a home, with a plot of land where he could grow corn and chiles as he did in his native Mexico. So he felt blessed last year when he learned he could buy a three-bedroom, single-story stucco house on West La Verne Avenue in Santa Ana. |
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News entry number 2832 added on Oct 8, 2007 in the Business News category.
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