Foreclosed Homeowners Re-Occupy Their Homes
New American Media @ Truthout - Carolyn Gage was evicted from her foreclosed home in January. Earlier this month, she moved back in.
“I’ve been in here for 50 years. I know no other place but here. I left and it was just time for me to come back home,” said Gage, who is in her mid-50s.
Gage’s monthly payments spiked after her adjustable rate mortgage kicked in, and she could no longer afford the payments on her three-bedroom house in the city’s Bayview Hunters Point district. She says she tried to modify her loan with her lender, Florida-based IB Properties, but to no avail. Read more.
“I’ve been in here for 50 years. I know no other place but here. I left and it was just time for me to come back home,” said Gage, who is in her mid-50s.
Gage’s monthly payments spiked after her adjustable rate mortgage kicked in, and she could no longer afford the payments on her three-bedroom house in the city’s Bayview Hunters Point district. She says she tried to modify her loan with her lender, Florida-based IB Properties, but to no avail. Read more.
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