It’s just business, Kyle & Kayle. We’re sorry. We never intended for this to happen. Your parents will take good care of you. Homelessness is like camping out. You’ll be okay. We want you to know, we are not in the business of stealing homes from children. It had to be this way.
Kim & Joe M. of Orlando, FL, fell victim to the shrinking house market. Both worked in financial services, Kim an administrative assistant at Wells Fargo and Joe a loan officer with a bank.
For five years, they stayed busy and saved money.
In July 20005, Kim lost her jobdownsized. Wells Fargo didn’t need her any longer. Not as many mortgage applications. Kim’s job search lasted three weeks before she found a replacement for 75% of what she had previously earned.
In September, Joe suffered an auto accident, putting him out of work for six months and without an income as the insurance companies battled it out.
Kayle, 6, and Kyle, 8, knew something was wrong. Mom and Dad were preoccupied. Money was tight.
Kim and Joe and their two children quickly fell victim to bad luck and a slumping housing market. They fell behind in...