Thursday, July 24, 2008

First Foreclosure Fatality

Expect to see a LOT MORE of THIS in the coming months.

"The anguish of foreclosure; Fearing sale of house, woman kills herself before the auction" by Michael Levenson, Globe Staff | July 24, 2008

TAUNTON - The housing crunch has caused anguish and anxiety for millions of Americans. For Carlene Balderrama, a 53-year-old wife and mother, the pressure was apparently too much.

Police say that Balderrama fatally shot herself Tuesday afternoon, 90 minutes before her foreclosed home was scheduled to be sold at auction. Chief Raymond O'Berg said that Balderrama faxed a letter to her mortgage company at 2:30 p.m., saying that "by the time they foreclosed on the house today she'd be dead."

The mortgage company notified police, who found her body at 3:30 p.m. The auction had been scheduled to start at 5 p.m., when bidders showed up at the house and found it surrounded by police cruisers. But, unbeknownst to buyers and to Balderrama, the auction had been postponed by the time she grabbed her husband's high-powered rifle, O'Berg said.

Now the Globe will call for more gun control, watch!

Balderrama left a note for her family, saying they should "take the [life] insurance money and pay for the house," O'Berg said.

That means she LOVED HER FAMILY!!!!

Man, that hits you in the heart!

The chief said he did not know, however, if the family would be able to collect on the policy in the event of a suicide.

Neighbors on Duffy Drive, a forested side street on the city's east side, said Balderrama had lived in the two-story, brown-shingled, raised ranch for about four years with her husband, John, who is a plumber, and their 24-year-old son, who works in a restaurant.

Joe Whitney, who works with Balderrama's husband, said that she handled the bills in the household and that the husband was unaware of the foreclosure.

As Congress rushed yesterday to help 400,000 strapped homeowners avoid foreclosure and prevent Fannie Mae and Freddie Mac from collapsing, the suicide underscored the potentially devastating toll of the housing crunch.

Yup, the shit Congress has been DAWDLING on that bill -- and (if you read by Business Blurbs post, you will find it is more of the same: bailing out banks, first and foremost) now a WOMAN is DEAD!

The mortgage company, PHH Corp. of Mount Laurel, N.J., did not respond to requests for comment. Harmon Law Offices PC in Newton, which represents PHH, released a statement saying that because of confidentiality and privacy laws, the firm could not discuss specifics of the foreclosure.

"We're shocked and saddened by what has occurred," the statement said. "Our deepest sympathies go out to the family for the terrible loss it has suffered."

FUCK YOU, you god-damn PARASITES!!!!!!!!!!

O'Berg said he was troubled that the pressures of foreclosure had triggered suicide on a street that he described as solidly middle-class.

"That's the real sad part: This is a middle-class family, a husband working, the son is working. [The housing crunch] is inflicting real pain on middle-class Americans."

--MORE--"

And yet, our leaders and politicians don't even give a crap!!!

Remebr the theme for every day, readers?

Money, money, what we have it for, what we don't?

Case closed on AmeriKa, readers.