[Justaham]

Were the Harpers employed before they got this brand new home? If not, how were they able to refinance the house if they didn’t have any jobs?

[Justaham]

Check out the Harpers home from Extreme Makeover http://realitytv.about.com/od/extrememakeoverhome/ss/HarperMakeover.htm The Harpers

[kingu]

How could they be refused - they had a huge asset, their made over home, to be an asset. Knowing that if the business failed, they would get the home, the bank saw it as a win-win deal.

If nothing else about this financial mess sticks in people's minds, it should be the subprime mortgages that were forced on many banks initially, that snowballed into giving a loan to anyone and everyone.

I really feel for the kids here. Eventually they'll realize that no matter how predatory the loan companies were, it was their parents who wanted the loan and agreed to it, putting their future at risk. They probably voted for Obama too, who's doing the same on a far grander scale.