John Boehner Fights Foreclosure Relief As Housing Crisis Ravages His District: "Regina Moore has lived in her Hamilton, Ohio, home, in the heart of House Speaker John Boehner's district, for 50 years.
Her husband passed away in 2005, and in 2008 she took out a new $72,000 mortgage so she could afford to pay her medical bills. She had a steady job, having worked at the Champion Printing Company in Cincinnati for more than two decades. Her monthly payments on her $86,000 home amounted to about $450.
It was a simple mortgage for a simple home -- no exploding payments or swimming pools.
But last year, at the age of 70, Regina lost her job, and her $1100 a month Social Security payment wasn't enough to make ends meet. She called her son, Jeff, who works three part-time jobs, to ask for help.
'She had a mortgage on her home and just couldn't afford to pay the bills anymore,' Jeff said. 'She went through a period where she was embarrassed. She didn't want to say that she couldn't get a job or couldn't pay her mortgage. And finally it got to a point where she was facing foreclosure and called me.'"
Thursday, June 2, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment