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17 Feb 2012 10:56

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U.S.: Family matters: Son tries to evict 98-year-old mother from home

  • I didn’t think he would do it. My husband worked hard, difficult jobs to buy this house. He built the garage and did a lot of work on the house and he told me never to leave it.
  • 98-year-old Mary Kantorowski • Discussing her 71-year-old son, Peter, who attempted to evict her from her own Connecticut house a couple of months ago. She’s lived there since 1953. The son says he’s concerned for his mother’s well-being, claiming that she’s living in poor conditions and is disoriented. Peter, who owns the house, tried evicting her in an effort to get her to move in with him, or into a nursing home. Instead, she got a lawyer involved and is actively fighting her son’s efforts. Peter says that his intentions are noble, but his brother Jack claims otherwise, suggesting he’s simply trying to sell the home: “There are no other words to call him. He’s just a scumbag.” Does not sound like a good family situation. source

07 Oct 2010 20:03

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U.S.: Obama stops the foreclosure smorgasbord from becoming worse

  • what Obama said he would veto the Interstate Recognition of Notarizations Act, a minor bill  which passed both houses with little debate.
  • whyThe timing is suspect – as a side effect, the bill could allow mortgage lenders to rush through foreclosures more quickly from outside states. source
  • » Why this is a big deal: In recent weeks, politicians (especially Democrats) have been attacking mortgage lenders for using aggressive, shady techniques to push through foreclosures – a process which was impeded after the companies’ documentation came under question. A leading mortgage firm, Ally (better known as GMAC) recently had to halt all evictions in 23 states as a result of these documentation problems – revealed by one of their own employees in sworn testimony. The big story there, though, is that the smorgasbord of eviction is still on in 27 other states.

02 May 2009 12:35

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Biz, U.S.: Renters in foreclosed homes get screwed, too

  • 30% of homes foreclosed this year are being rented out source