Faces of Lawrence's foreclosure crisis

In early 2005, Ramon Batista's refinanced out of the 10.25 percent mortgage he took a few months earlier to buy his three-family home on Juniper Street. But it cost him $24,000, the penalty for paying off the first loan in the first two years, a common subprime mortgage provision.
In early 2005, Ramon Batista's refinanced out of the 10.25 percent mortgage he took a few months earlier to buy his three-family home on Juniper Street. But it cost him $24,000, the penalty for paying off the first loan in the first two years, a common subprime mortgage provision.
(Globe Staff Photo / Thushan Amarasiriwardena)