4min chapter

Planet Money cover image

SUMMER SCHOOL 3: Booms, Busts & Us

Planet Money

CHAPTER

How to Deal With Stress in a Marine's Life

Richard Reyes bought his house not with one mortgage, but with two mortgages. A nako was able to solve the problems with the first mortgage, but the second mortgage, naka could not help him on. It took months to figure out how this plan works and then to convince his mortgage company to actually lower s rate. He says he got within a couple of days of actually getting foreclothed on all that waiting and wondering about his future.

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