This is a terrible story. I hope this woman makes it and can tell her story at and future hearings and investigations to be held by regulators and legislators.
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
While a nation reels in financial crisis from years of
mortgage abuse, Polk is recovering at
Meanwhile, city leaders say Polk has become
''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.
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