Remember your childhood summers when you held your breath underwater so long that your head felt ready to explode? For millions of homeowners in America today, being underwater too long has a different impact: they implode.
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The sharks ate Aaron McDaniel for lunch, but he lived to swim again, in less bloody waters.
The housing crisis is now concentrated in many of America's more modest communities, where payday lenders, "no credit needed" used car dealers and Rent-A-Centers dot the main thoroughfares.
Loma, Colo., is a small town, a very small town indeed, but one that Louise Davidson had called home until she was until she was evicted in April 2012 by Fannie Mae, the owner of her mortgage.
Brad Meyer occupies the real estate equivalent of the twilight zone. He lives in Milwaukee with his wife and children in the three-bedroom ranch house...
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