Housing woes bring on a bust backlash

Fallout from housing bust brings fear, frustration When Brian Buckmaster first started hearing the reports of foreclosures and other housing woes, he was incredulous that so many people would get themselves into that sort of financial trouble. Then the 57-year-old software engineer got worried. “My second feeling was fear that those of us that chose to live within our means and be somewhat conservative with our finances will have to end up, in some way, bailing out those folks who made those mistakes,” he said. It turns out that the Fountain Hills, Ariz., resident had good reason to be concerned. As the nation’s housing crisis continues to ensnare hundreds and thousands of Americans, even those who have done nothing wrong are starting to feel, and fret about, the repercussions. The mortgage fallout and its attendant troubles... [read full story]