Mortgage Mess

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The hand wringing over the growing number of homeowners with skyrocketing monthly payments has even drawn the attention of federal regulators, who propose new standards for ARMS and other nontraditional mortgages. But there's no substitute for common sense: never take more mortgage than you can afford.

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MIGUEL COTTO, a Puerto Rican boxer, after losing to Filipino Manny Pacquiao, who, in 12 rounds, became a five-weight boxing champion this weekend
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MIGUEL COTTO, a Puerto Rican boxer, after losing to Filipino Manny Pacquiao, who, in 12 rounds, became a five-weight boxing champion this weekend

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