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"Joyce Schachner, a food service employee, and her husband, who works odd jobs, made a $1,500 downpayment on his grandparents' home -- a two-bedroom, one-bath, 1,080-square-foot frame structure. The $44,900 mortgage came with 15 percent interest, about twice the market interest rate at the time. Although she knew their monthly mortgage would be $456, the couple didn't realize there also would be more than $1,000 annually in property taxes."

Something fishy here. Did you look at the picture? That's the biggest 1080 sf house I've ever seen.

Reminds of my Sister--bless her heart--(A phrase which any Southerner will tell you must immediately be placed after the name or description of someone you're really about to/have dis'd.). She and her ex-con hubby borrowed the down payment on a house from me a few years back. They moved in, made a couple of payments, then stopped. It took five years to kick them out. Five years of free rent, not bad, huh?

"And she's relieved that the anguish of their foreclosure and eviction is over."

Not to mention losing Granny's house. Or what this did to their kid. My Pop was a gambler (the bad kind). In 1959 he paid Cash for a house. In 1962 it was Repossessed. I am still embarrassed to this day.

How is being upside down on a high-interest loan on your Grandma's house GW's fault? The High-Interest, "Buy Here, Pay Here" Used Car lots have a high re-pop rate too, you know. No one's blaming that on GW, 'cept maybe you and Michael Moore.