The introduction of this article begins with a 1912 movie called “The Usurer’s Grip.” This movie is about a family that was tricked into borrowing money and the result was that the family is ruined economically because the loaner tricked them into borrowing at an interest rate of 180%. This then brings the article to its main focus, which is how families are tricked by moneylenders and buying houses they really can't afford, leading them into debt. What is said that would make the mortgage market better would be to allow for clearer details from the lenders beacuse there has been an increase in delinquencies and foreclosures. What sums this article up was Benjamin Frankiln's saying to not become "a slave to the lender."
http://www.nytimes.com/2007/03/21/business/21leonhardt.html?_r=1&ref=business&oref=slogin
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