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Woman, 90, shoots self inside foreclosed home

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  • Woman, 90, shoots self inside foreclosed home

    (CNN) -- A 90-year-old Akron, Ohio, woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home became a symbol of the nation's home mortgage crisis Friday.
    Fannie Mae foreclosed on the Akron, Ohio, home of Addie Polk, 90, after acquiring the mortgage in 2007.





    Addie Polk is being treated at Akron General Medical Center after shooting herself at least twice in the upper body Wednesday afternoon, her city councilman said.
    U.S. Rep. Dennis Kucinich, D-Ohio, mentioned Polk 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."
    Neighbor Robert Dillon used a ladder to enter a second-story window of Polk's home after he and the deputies heard bangs inside, Dillon told CNN affiliate WEWS-TV in Cleveland, Ohio.
    "I just thought she may have fell or couldn't get up or something," he told WEWS. "I didn't know [she had shot herself] until I got in there. And even when I got there, she was breathing, but she wasn't saying anything to me. I knew she needed help then."
    Dillon said he saw blood when he put his hand on Polk's shoulder.
    "There's a lot of people like Miss Polk right now. That's the sad thing about it," said Akron City Council President Marco Sommerville, who had met Polk before and rushed to the scene when contacted by police. "They might not be as old as her, some could be as old as her. This is just a major problem."


    In 2004, Polk took out a 30-year, 6.375 percent mortgage for $45,620 with a Countrywide Home Loan office in Cuyahoga Falls, Ohio. The same day, she also took out an $11,380 line of credit.
    Over the next couple of years Polk missed payments on the 101-year-old home and in 2007 Fannie Mae assumed the mortgage and later filed for foreclosure.
    Deputies had tried to serve Polk's eviction notice more than 30 times before Wednesday's incident, Sommerville said. She never came to the door, but the notes the deputies left would always disappear, so they knew she was inside and ambulatory, he said.
    The city is creating programs to help people keep their homes, Sommerville said.
    "But what do you do when there's just so many people out there and the economy is in the shape that it's in?"
    Many businesses and individuals have called since Wednesday offering to help Polk, Sommerville said.
    "We're going to do an evaluation to see what's best for her," he said. "If she's strong enough and can go home, I think we should work with her to where she goes back home. If not, we need to find another place for her to live where she won't have to worry about this ever again."

    He said that by the time people call for help with an impending foreclosure, it's usually too late.
    "I'm glad it's not too late for Miss Polk, because she could have taken her life," Sommerville said. "Miss Polk will probably end up on her feet. But I'm not sure if anybody else will."
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

  • #2
    Bwoy ... mi a hear some sad stories. One woman seeing they were going to lose her home, wrote a suicide note to her husband to use the money from her life insurance to pay for the house.

    Pity she didn't know that because she committed suicide there will be no money to collect. Can you image her husband and children? They lost their home and even worse ... they lost their wife and mother.
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

    Comment


    • #3
      The woman is 90 - for Jeezas sake, make her live out

      her remaining days in her own place.

      Those thiefing people at country wide should be hung by their balls. They prey on the elderly. In 2004 at the age of 86 Country Wide gave her a 30 year mortgage. Something smelly fishy

      Karl & Gamma - your thoughts please.
      Life is a system of half-truths and lies, opportunistic, convenient evasion.”
      - Langston Hughes

      Comment


      • #4
        "...countrywide is on your side..."

        (remember the jingle ?)
        The only time TRUTH will hurt you...is if you ignore it long enough

        HL

        Comment


        • #5
          Is Countrywide a Jamaican company?


          BLACK LIVES MATTER

          Comment


          • #6
            Originally posted by MdmeX View Post
            her remaining days in her own place.

            Those thiefing people at country wide should be hung by their balls. They prey on the elderly. In 2004 at the age of 86 Country Wide gave her a 30 year mortgage. Something smelly fishy

            Karl & Gamma - your thoughts please.

            That the mortgage is for 30 years is not the problem. Remember you cannot discriminate because of age?

            The question is whether or not she was properly qualified for a mortgage of that size? I wonder about her income?
            "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

            Comment


            • #7
              wasss your pint?
              The only time TRUTH will hurt you...is if you ignore it long enough

              HL

              Comment


              • #8
                Originally posted by Karl View Post
                That the mortgage is for 30 years is not the problem. Remember you cannot discriminate because of age?
                Not too sure bout that Karl. How can you give a loan to someone you know won't be alive to pay you back the loan?

                Comment


                • #9
                  did she have a guarantor or a co-signor?

                  Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

                  Comment


                  • #10
                    More than likely a co signer.
                    • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

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                    • #11
                      Originally posted by Assasin View Post
                      More than likely a co signer.
                      & that co-signer may have been a thief who work fi Countrywide!
                      Life is a system of half-truths and lies, opportunistic, convenient evasion.”
                      - Langston Hughes

                      Comment


                      • #12
                        Giving her a lone for thirty years is not a problem. The estate is responsible once she passes. So as long as her financial situation is such that she can cover payments, the life is not an issue.

                        Comment

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