Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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Ann Holden

90-year-old foreclosure victim apparently shoots self

Woman in hospital with wounds to chest

By Phil Trexler
Beacon Journal staff writer


At the age of 90, Addie Polk found herself in foreclosure this week, about to be forced from the home she's lived in for nearly 40 years.

So, with a gun in her hand, the Akron widow apparently shot herself in the chest Wednesday afternoon as deputies were knocking on her door with eviction papers in hand.

While a nation reels in financial crisis from years of mortgage abuse, Polk is recovering at Akron General Medical Center, awaiting word on where she will live when she's released.

Meanwhile, city leaders say Polk has become Akron's ''poster child'' for victims of predatory lenders.

''I think this is a case where we need to step in and help this lady if she is so desperate to shoot herself because she can't pay her mortgage,'' Akron Councilman Marco Sommerville said.

Court records show Polk took out a 30-year, 6.375 percent mortgage just four years ago for $45,620 with a Countrywide Home Loan office in Cuyahoga Falls. She took out a line of credit that same day for $11,380.

Her La Croix Avenue home was appraised by Summit County in 2004 at $31,230.

The Countrywide branch did not return a call for comment Thursday.

Polk essentially owed the same $45,000 when the Federal National Mortgage Association (Fannie Mae) filed for foreclosure on her home in 2007. Fannie Mae assumed the mortgage from Countrywide.

Following foreclosure this year, Polk's six-room, 101-year-old home was bought by Fannie Mae at sheriff's auction for $28,000.

Her house now belongs to the lender.

Summit County sheriff's deputies say Polk ignored multiple notes and letters leading up to Wednesday's eviction. She also ignored the foreclosure action filed in court.

It wasn't until Tuesday that she called the sheriff's office in disbelief. The next day was eviction day.

''I'm positive she believed the deputies were going to come in, clean out the house and set her and her things on the curb, because they did that decades ago. But that's not what happens nowadays,'' sheriff's Lt. Kandy Fatheree said.

''I'm sure she had to be thinking back to the Great Depression when people were set out on the street. She had to be scared to death.''

Deputies Dave Bailey, Jason Beam and Don Fatheree went to the home about 1 p.m. Wednesday to meet with a Fannie Mae representative and escort Polk from the house. They said they had no idea the woman was 90 years old.

The deputies' knocks were unanswered, and they were about to leave because the Fannie Mae representative failed to show. Then, they heard a banging noise coming from the home's second floor.

Next-door neighbor Robert Dillon heard it, too. More bangs followed.

Dillon borrowed a neighbor's ladder and climbed through Polk's second-floor bathroom window and walked into her bedroom. She was lying on her side, a gun next to her on the bed.

''I'm thinking to myself, 'Why does Mrs. Polk got a gun?' '' Dillon said. ''After looking around, I touched her shoulder and saw the blood and I said, 'Shucks, she done shot herself.' ''

Dillon, 62, shouted to the deputies, who alerted Akron EMS. Polk apparently shot herself more than once with a small-caliber handgun, police said.

Polk and her late husband, Robert, a Goodrich retiree, moved into the home in 1970. He died in 1995, but Polk continued to live independently, but alone, still driving her late model Chevrolet to the grocery store and church.

She appeared to be struggling financially, Dillon said, but he said she never spoke of the foreclosure action looming for more than a year.

She had no children of her own and few visitors, he said.

''She didn't need no help. She got around good,'' he said.

It is unclear how Polk used the loan money. Dillon said he didn't notice any work being done on the property, and deputies said her front porch was soft from years of neglect.

''Where'd the money go?'' Dillon asked.

Sommerville said he is working with the city and the county to assist Polk with housing, once she is released from the hospital.

He said the city has been awarded more than $8 million in federal grants in the wake of the mortgage crisis to help cope with the crush.

Sommerville said Polk's fate humanizes the problem for the rich and poor. And he urged those facing foreclosure to seek assistance through various local and county agencies.

''It's a sad situation,'' he said. ''She's the poster child for this foreclosure crisis we are facing.''

Phil Trexler can be reached at ptrexler@thebeaconjournal.com.

______________________________________

Posted by JACK 04:57 PM, 10/02/2008

 

How terrible. This story should be printed out and mailed to every single Ohio Congressperson. Hell, send it to EVERY SINGLE Congressperson. These are the types of people who should be helped -- NOT Wall Street.

This woman is 90 -- lived in her house 40 years and is about to be tossed to the street. It's not unusual for adults like this to suffer some financial problems for whatever reason. And it's unheard of, per se, for them to ask for help because they are embarrassed, compared to younger folks.

This is a terrible story. I hope this poor woman makes it.

_______________________

Great points Jack,
expect to hear from the wisdom rich people that will say she was a deadbeat and how they don't want the government to bail her out.
They usually waste no time in pouring that sludge down the drain. If they stick to their principles and history they'll start posting anytime.

_________________________

Posted by john 05:20 PM, 10/02/2008

 

Everyone email this link to the story to your Congressmen! This is sad times, people, sad times!

http://www.ohio.com/news/top_stories/30209699.html

_____________________________________

Posted by john 05:22 PM, 10/02/2008

 

http://www.ohio.com/news/top_stories/30209699.html

Email above link to your Congressmen! Do it now!

__________________________

Posted by Eric 05:40 PM, 10/02/2008

 

This is very sad that this lady tried to take her life. What is just as sad is some dirty mortgage loan officer gave her a loan worth more than the value of her home.

___________________________________

Posted by stephanie 06:31 PM, 10/02/2008

 

This is the sadest story....WE NEED CHANGE!!  VOTE THIS NOV!

Quote 0 0
Ann Holden

Civil Case No

File Date

Type

Judge

CV-2007-09-6254

09/06/2007

FORECLOSURE

PAUL GALLAGHER


Filing Date

By Atty

Pleading Text

Document

09/05/2008

PATRICIA JOHNSON

#2008-3786 WRIT OF POSSESSION ISSUED TO SCSO.

No Image

09/04/2008

PATRICIA JOHNSON

SHERIFF TO POST WRIT. PG

Document 1

09/04/2008

PATRICIA JOHNSON

PRAECIPE FOR WRIT OF POSSESSION.

Document 2

07/08/2008

JEFFREY HELMS

CERTIFIED CONFIRMATION TO AUDITOR & SHERIFF.

No Image

07/08/2008

JEFFREY HELMS

CONFIRMATION OF SALE. PG

Document 3

06/03/2008

JEFFREY HELMS

PLAINTIFF'S NOTICE OF SHERIFF SALE SET FOR JUNE 20, 2008 AT 10:00 AM.

Document 4

05/15/2008

--

**CASE COSTED THRU 4-29-2008 FOR SHERIFF SALE. $379.94.

No Image

04/29/2008

NO ATTY. REQUIRED

LAND APPRAISAL/PROPERTY APPRAISED AT $42,000.00.

Document 5

11/26/2007

NO ATTY. REQUIRED

#2007-5556 ORDER OF SALE ISSUED TO SUMMIT COUNTY SHERIFF

No Image

11/15/2007

JEFFREY HELMS

PRECIPE FOR ORDER OF SALE.

Document 6

11/02/2007

NO ATTY. REQUIRED

4 58(B) NOTICES ISSUED BY REGULAR MAIL.

Document 7

10/31/2007

NO ATTY. REQUIRED

ENTRY GRANTING DEFAULT JUDGMENT. PG

Document 8

10/31/2007

JEFFREY HELMS

DECREE OF FORECLOSURE. PG

Document 9

10/22/2007

JEFFREY HELMS

PLAINTIFF'S MOTION FOR DEFAULT JUDGMENT.

Document 10

10/22/2007

NO ATTY. REQUIRED

KERI SELMAN'S AFFIDAVIT OF STATUS OF ACCOUNT AND MILITARY AFFIDAVIT.

Document 11

10/22/2007

JEFFREY HELMS

UPDATED JUDICIAL REPORT.

Document 12

10/18/2007

JEFFREY HELMS

SHERIFF'S DEED PROPERTY DESC. APPROVAL FORM.

Document 13

10/05/2007

NO ATTY. REQUIRED

SUMMONS ISSUED WITH COPY OF COMPLAINT TO ADDIE POLK AND JOHN DOE SPOUSE OF ADDIE POLK BY REGULAR MAIL.

Document 14

10/03/2007

JEFFREY HELMS

INSTRUCTIONS FOR REGULAR MAIL SERVICE.

Document 15

09/26/2007

--

NOTIFICATION OF FAILURE TO OBTAIN CERTIFIED MAIL SERVICE ON ADDIE POLK MAILED TO ATTY. HELMS.

Document 16

09/26/2007

--

NOTIFICATION OF FAILURE TO OBTAIN CERTIFIED MAIL SERVICE ON ADDIE POLK MAILED TO ATTY. HELMS.

Document 17

09/17/2007

JEFFREY HELMS

PRELIMINARY JUDICIAL REPORT.

Document 18

09/11/2007

--

SUMMONS ISSUED WITH COPY OF COMPLAINT TO ADDIE POLK AND JOHN DOE BY PROCESS SERVER.

Document 19

09/11/2007

--

ORDER APPOINTING PRIVATE PROCESS SERVER. PG

Document 20

09/10/2007

--

SUMMONS ISSUED WITH COPY OF COMPLAINT TO ADDIE POLK, JOHN DOE, AND COUNTRYWIDE HOME LOANS, INC. BY CERTIFIED MAIL.

Document 21

09/06/2007

JEFFREY HELMS

INSTRUCTIONS FOR PROCESS SERVER.

Document 22

09/06/2007

JEFFREY HELMS

INSTRUCTIONS FOR CERTIFIED MAIL SERVICE.

Document 23

09/06/2007

JEFFREY HELMS

MOTION TO APPOINT PROCESS SERVER.

Document 24

09/06/2007

JEFFREY HELMS

CASE DESIGNATION FORM.

Document 25

09/06/2007

JEFFREY HELMS

COMPLAINT FOR FORECLOSURE.

Document 26

Quote 0 0
arkygirl
Dennis Kucinich cited this story this morning during the House debate.  He finished by saying that there is NOTHING in this bill for the Addie Polks of America. Fannie Mae should be proud.

Wonder what Congress will do when the Executive branch calls them one day and tells them to stay home from work since they have handed over all their power and are now irrelevant?

Next we won't even have to bother to have Congressional elections....

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Ann Holden

To REP Steve Latourette
Email
http://latourette.house.gov/ContactSteve.aspx


90-year-old foreclosure victim apparently shoots self
Akron Beacon Journal Oct 2, 2008
TODAY
http://www.ohio.com/


When will this madness end?


I read the paper today, and I am ASHAMED to say that I live in Akron, Ohio.


You have the power to make sure that my VOICE will be heard, and I am counting on YOU to make sure that my voice WILL be heard, LOUD AND CLEAR.


PLEASE DO NOT VOTE FOR THIS Bail-out.


HELP people like Addie Polk.


HELP US here in Ohio.


We need your help to STOP Predatory Lending, and Mortgage Servicing FRAUD.


PLEASE VOTE NO. 

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ContactLink

America's best organized crimninal class, Congress, will vote today on the biggest armed robbery in world history.

Though the fix is in, we might as well make one last ditch effort to stop the thieves and the catastrophe they intend to set in motion.

To find "your" Congressman, go here.

Quote 0 0

Apologies all for reposting this under a new thread.  I'd missed all of your excellent postings on the subject.  This just upset me so much, I didn't take time to look.    

Quote 0 0
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