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Lets Hang Together or We Will Surely Hang Apart!

90 Year Old Woman Attempts Suicide During Foreclosure

Posted in October 4th, 2008
by hallslug in Economy, Housing Crisis, Mortgage Meltdown

90 Year Old Ohio Woman Attempts Suicide as Sheriffs Attempt to Evict Her
CINCINNATI (Reuters) - A 90-year-old Ohio woman, facing eviction from the home she has lived in for 38 years, shot and wounded herself this week, becoming a grim symbol of the U.S. home mortgage crisis.
Addie Polk was found lying on the floor of [...]

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U.S. Home Foreclosures Double in 2nd Quarter

Posted in July 25th, 2008
by hallslug in Economy, Housing Crisis, Subprime Mortgage

Foreclosures Double As Home Prices Continue to Slide
July 25 (Bloomberg) — U.S. foreclosure filings more than doubled in the second quarter from a year earlier as falling home prices left borrowers owing more on mortgages than their properties were worth.
One in every 171 households was foreclosed on, received a default notice or was warned of [...]

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