The Home Mortgage Loan California scheme was a housing solution for about 500 young families. The mortgage terms offered were easy, the chance to get to California was magnetic, and the houses that were to be built by the Home Mortgage Loan, California Company were attractive. So we signed, we paid our deposits and we prayed that Home Mortgage Loan, California was genuine and that we wouldn't lose our boots. It turned out to be the best thing we had ever done. It was bit like living on Wisteria Lane, or Peyton Place, as it was known at that time, and the most popular game in Home Mortgage Loan California housing project was musical beds, but everyone was included, the pace of the game outran greased lightning, and the casualty list was short. After it was over, California had not lost any residents and there was little, if any, defaulting on the mortgages.
Take a drive over to the Home Mortgage Loan California project today and you will see a well established suburban development with pretty gardens, white picket fences and shiny cars standing in the driveways. When I think of the early days, I have to pinch myself - was it real or all a dream?
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