Downtrodden subprime mortgage brokers on CNN

http://money.cnn.com/2008/03/31/news/economy/copes/index.htm?eref=rss_topstories

Kent and Mysti Cope met and fell in love working for one of the nation’s top subprime lenders

The two didn’t say exactly how much money they made at their last jobs but Kent admitted they each had six-figure incomes.

Today, they’re trying to get by on his unemployment benefits of about $450 a week, which covers only about an eighth of the basic payments they owe every month.

Their home equity line, mortgage, health and life insurance premiums alone cost about $10,000 a month. Still, they are trying to hang onto what they call their dream home …

… they’ve made cutbacks: trading in Kent’s Corvette for a Suburban and getting rid of the gardener

… and you pay a lot for your home and you can’t get what it’s worth now