The sidewalks are still scrubbed and most lawns are neatly trimmed, but now the subdivision of townhouses off Route 1 in Woodbridge is pocked with empty windows and foreclosures. Federal investigators are poking around. » Read More

I received lots of email from readers in similar straits. Some of them expressed hope that the Bush administration's proposed plan to ease the subprime crisis might offer them a solution. But these troubled borrowers are likely to be disappointed. » Read More