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A symbolic story of these trying times


isleseeya
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Sorry, I just don't get this at all.

 

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 that she and her late husband purchased in 1970. In 2007, Fannie Mae assumed the mortgage and later filed for foreclosure.

 

She was 86, fer Chrissakes. :wacko: 30 year loan at that rate? Khloe, Kim and Kourtney Kardashian was she thinking? What was the lender thinking?

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Sorry, I just don't get this at all.

 

 

 

She was 86, fer Chrissakes. :D 30 year loan at that rate? Khloe, Kim and Kourtney Kardashian was she thinking? What was the lender thinking?

 

The lender was thinking they were going to get a home pretty soon. I wonder what the appraisal value was at the time of the loan? :wacko:

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FannieMae has forgiven the woman's loan and has given her the house.

 

Time to chamber a rond in the old 40. Any advice on where to shoot myself so as to decrease the chances of death but to make it look like I was going for it all?

 

On a positive note, I do have private health insurance so as not to strap the tax payers with my medical bills.

 

No mortgage here I come!!!

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