★ Fannie Mae Forgives Mortgage After 90 Year Old Lady Shoots Herself ★
Woman, 90, Shoots Self Before Eviction
Fannie Mae Forgives Loan
POSTED: 6:54 pm EDT October 3, 2008
UPDATED: 9:07 pm EDT October 3, 2008
http://www.thepittsburghchannel.com/news/17621228/detail.html
AKRON, Ohio -- A 90-year-old Ohio woman, facing eviction from the home in which she has lived in for 38 years, shot and wounded herself this week, according to Summit County Sheriff's Department officials.
Addie Polk was found lying on the floor of her home with what appeared to be a self-inflicted gunshot wound to her shoulder when police came to the home on Wednesday to serve an eviction notice, Akron police spokesman Lt. Rick Edwards said on Friday.
Officials said when the deputies knocked on the front door of her home, they did not get an answer. Police then heard a banging noise coming from the second floor of the home, local station WEWS reported.
A neighbor arrived and said he was concerned about the homeowner, so he got a ladder and entered the home through a second-floor bathroom window. She was found in her bedroom.
Polk has become a grim symbol of the U.S. home mortgage crisis. Rep. Dennis Kucinich, D-Ohio, even mentioned her on the House floor Friday during debate over the latest economic rescue proposal.
"This bill does nothing for the Addie Polks of the world," Kucinich said after telling her story. "This bill fails to address the fact that millions of homeowners are facing foreclosure, are facing the loss of their home. This bill will take care of Wall Street, and the market may go up for a few days, but democracy is going downhill."
According to court records, four years ago, the homeowner took out a loan against her house.
The home was appraised at $28,000. As of last year, she owed more than $45,000 on the loan.
Fannie Mae said it will set aside the loan of a woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home, according to CNN.
On Friday, Fannie Mae spokesman Brian Faith said the mortgage association had decided to halt action against Polk and sign the property "outright" to her.
a better deal
shoot your loan officer and keep your property.
ah, the good ol days.
It just might be coming
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World's Greatest Business
http://www.gbemembers.com/webintro.php?view=wmv
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
"GINO" = Government In Name Only
Isn't that special, Mr. Faith...
Here's the score over the last month:
Banksters - $2,000,000,000,000+
Us - $45,000
Sweet! Almost feels like we're winning!
By the way - at the current reserve ratio, the "bank" probably had no more than $450 at risk for her loan...
Yours in Liberty,
Shovel
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote..." ~ Ben Franklin
"The 'cost of freedom' is risk and responsibility..." ~ Me
Yours in Liberty,
Shovel
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote..." ~ Ben Franklin
"The 'cost of freedom' is risk and responsibility..." ~ Me
Hey don't discount the "little" things......Look back in history
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com/webintro.php?view=wmv
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
"GINO" = Government In Name Only
Soon you'll see people shooting themselves
to avoid a foreclosure? How funny is this, the Big guys didn't had to shoot themselves to get bailed out!!! Including Fannie/Freddie
www.wtpcast.com
www.wtpcast.com/default.aspx
www.wtpcast.com/default_for.asp
How pathetic
I have a house, we bust our butts to make payment on and keep. I have no 401K to fall back on ( yeah, I'm dumb, but my family did not offer it ). Sorry that I don't feel bad for "some" of those that suffered from the decline. I do feel bad that some got totally screwed....I.E. Wamu shareholders.......that was a total bunch of bullsh+t. Hmm....let the FDIC take over and sell you out and then pay out millions to a guy who had the job for around 2 weeks. Sure sounds reasonable to me....... Where can I sign up?
to a person chained in a cave, the shadows on the wall are reality
Dick Cheney should've shot her
John McCain is a socialist nut sack.
He sat on his hands when the debate over this economy-sinking bail-out would have meant something, then he took the word of the president, Bernanke and Paulson at face value, endorsing the legislation as if it was the only thing that could be done.
How about letting the market correct on it's own, McPalin?
Nearly EVERY American was against this bail-out from the get go. What do we know that politicians don't? Well, we're not trying to get re-elected. It's that simple.
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"The main thing that I learned about conspiracy theory is that conspiracy theorists actually believe in a conspiracy because that is more comforting. The truth of the world is that it is chaotic..." —Alan Moore
Hey...I will shoot myself if you forgive my mortgage!!
In the foot!
Within the heart of every
Within the heart of every stray dog
Lies the singular desire to be loved
A dog is truly a man's best friend.
If you don't believe it, just try this experiment.
Put your dog and your wife in the trunk of the car for an hour.
When you open the trunk, who is really happy to see you??
~~~~~~~~~~~~~
World's Greatest Business
http://www.gbemembers.com/webintro.php?view=wmv
"The Number one reason people lose money is the FEAR of losing money." Sir John Templeton
"Committed To The Eradication Of Poverty Among Patriots"
"GINO" = Government In Name Only
True that
Life, liberty, and the pursuit of happiness.
Life, liberty, and the pursuit of happiness.