Home promises was scam - 2004-03-30
Eric Lersch was out of work and residing at his mother-in-law's house when he turned to a businessman who promised assistance.

Prosecutors argued during the 21-day trial that during 1996 and 1997, Mueffelman swindled more than $1.2-million from would-be home buyers who couldn't obtain a mortgage from a traditional lender.
Read the full story at St. Petersburg Times

When will the bubble burst? - 2004-03-30
The British public are borrowing, spending and buying as if there is no tomorrow: house price increases are growing, mortgage advances are soaring and borrowing on plastic and via overdrafts continues to rise at spectacular rates.

All this is happening despite the Bank of England's best efforts to slow the process by raising interest rates twice since November.
Read the full story at This Is Money