Fannie Mae forgives loan for woman who shot herself

[unapatriciated]

(CNN) -- Fannie Mae said it will set aside the loan of a woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home.

Fannie Mae foreclosed on the Akron, Ohio, home of Addie Polk, 90, after acquiring the mortgage in 2007.

Addie Polk, 90, of Akron, Ohio, became a symbol of the nation's home mortgage crisis when she was hospitalized after shooting herself at least twice in the upper body Wednesday afternoon.

On Friday, Fannie Mae spokesman Brian Faith said the mortgage association had decided to halt action against Polk and sign the property "outright" to her.

"We're going to forgive whatever outstanding balance she had on the loan and give her the house," Faith said. "Given the circumstances, we think it's appropriate."

Residents of Akron have rallied behind Polk, who is being treated at Akron General Medical Center. She was listed in critical condition Friday afternoon, according to Akron City Council President Marco Sommerville.

U.S. Rep. Dennis Kucinich, D-Ohio, mentioned Polk on the House floor Friday during debate over the latest economic rescue proposal.
http://www.cnn.com/2008/US/10/03/eviction.suicide.attempt/index.html

News video link
http://www.cnn.com/2008/US/10/03/eviction.suicide.attempt/index.html#cnnSTCVideo

[leftofcool]

1. Well aren't you just fucking special, Fannie?

[flvegan]

Okay, nobody get any ideas.

I am surprised by this move, though.

[billyoc]

2. Pass the ammo!

[leftofcool]

4. Here use some of mine

[Liberal_in_LA]

13. lol.

[thunder rising]

3. Health Insurance? She shot the wrong way ... take one with you.

[kwyjibo]

5. kind of a weird precedent to set...

I hope it doesn't start a trend of people trying to keep their homes that way.

[ashling]

9. This is not the first time

:shrug: ... and I am sad to say that I doubt it will be the last.

[brokensymmetry]

6. They finally did the right thing?

Amazing.

And yes, it's a shame when doing the right thing is exceptional.

[liberalmuse]

7. You pieces of shit.

A lot of good that will do Miss Addie Polk. You fucking money whores.

[Union Thug]

8. The milk of human kindness - soured by this farce. That's so generous...

Kinder and gentler loan sharks.

[Patchuli]

10. A kinder gentler machine gun hand...Neil Young nt

[cui bono]

11. They let you do the shooting!

Don't want arbitrary fingers broken? Do it yourself and choose!

Don't like the idea of broken bones? Get yourself a gun! It's easy AND effective!

[bertman]

12. Big deal. At age 90 she probably only had a year left on the mortgage.

[Selatius]

14. It's the goddamn GRAPES OF WRATH here. Except instead of a farm it's her fucking home.

This shit has to end.

[patriotvoice]

15. A dollar short and a day late.

"We're going to give ... her the house." Actually, you'll be giving it to her estate: she is essentially dead. (At her age, even if she survives critical condition, she'll code blue from some related complication in the very near future.)