Mike Melvin bought his Atascadero home with 100 percent financing and an adjustable rate mortgage. He is now facing foreclosure and trying to negotiate with his lender. Photo by Joe Johnston 4-16-08
Mike Melvin bought his Atascadero home with 100 percent financing and an adjustable rate mortgage. He is now facing foreclosure and trying to negotiate with his lender. Photo by Joe Johnston 4-16-08
Mike Melvin bought his Atascadero home with 100 percent financing and an adjustable rate mortgage. He is now facing foreclosure and trying to negotiate with his lender. Photo by Joe Johnston 4-16-08

Top story of 2007: Mortgage crisis hits SLO County housing hard

December 21, 2009 4:33 PM