Homeowners Stuck as Lenders Cinch Standards

By Noelle Knox, USA TODAY
Edward Booker is one of nearly 3 million homeowners with adjustable-rate mortgages who've had trouble paying their bills. And, like Booker, many of them won't be able to refinance their loans once the interest rates start rising. At that point, they'll have to tighten their belts, sell their homes or lose them through foreclosure.
This month, the mortgage payment on Booker's Chicago home rose $200, to