I’ve been seeing a lot of media coverage on the increase in foreclosures recently. It’s clear that there have been examples of predatory and misleading lending practices, as well as examples of people showing poor financial judgment, although most articles seem to focus on the former. But I couldn’t help finding this Wall Street Journal article ‘Subprime’ Aftermath: Losing the Family Home to be almost amusing. If it was trying to illustrate how sub-prime lenders were evil, it did a really bad job.

Take Ms. April Williams, who is the main character interviewed for this story and also featured in the box to the right.

“This has stripped us of our whole pride,” says April Williams, 47 years old, who has until August to pay off her ...