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Close Topic OptionsAvoiding Foreclosure
Avoiding Foreclosure - Politics, Business, Civil, History - Posted: 21st Oct, 2008 - 8:58am
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Through grassroot efforts
Post Date: 21st Oct, 2008 - 8:58am / Post ID: #
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Avoiding Foreclosure
Grassroots Effort Helps New York Mother Avoid Foreclosure
Jocelyne Voltaire, a resident of Queens Village, New York, saw her home go up for auction after a mortgage company foreclosed. She had made a fifty percent down payment twenty years ago, but recently saw her mortgage payments skyrocket under a predatory loan scam. Her mortgage is controlled by the company Litton Mortgage, an affiliate of the Wall Street giant Goldman Sachs. Voltaire had fallen behind on her payments in part because she no longer had the support of her son, a former Marine who served in the Iraq war. She was told her of son's death just weeks after being informed of the foreclosure.
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TOPIC: Avoiding Foreclosure