'My House. My Dream. It Was All an Illusion.' - washingtonpost.com

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'My House. My Dream. It Was All an Illusion.'
Latina's Loss in Va. Epitomizes Mortgage Crisis
By Brigid Schulte
Washington Post Staff Writer
Saturday, March 22, 2008; Page A01

Despite her poor credit, Honduran immigrant Glenda Ortiz easily got a subprime loan for this Alexandria home, bought in 2005 for $430,000. It was foreclosed on last year.

Looking back, Glenda Ortiz can see she did everything wrong when she bought her house in 2005. In fact, to understand the housing crisis that has swept the country, one need only listen to the tale of the Ortiz family...MORE