The Other Side of Foreclosure

One of the saddest stories to come from the current housing and foreclosure mess is the death this week of a 91-year-old Ohio woman.

Faced with the prospect of losing her Akron home, Addie Polk shot herself last October as deputies arrived to remove her from the foreclosed property. She died Monday in a nursing home.

Polk became a poster child for victims of predatory lending practices. Fannie Mae eventually decided to dismiss its foreclosure action against her, forgive the mortgage and allow her to return to the home where she had lived since 1970. But it was too late.

Polk was an active, engaged member of her local church, Antioch Baptist Church, and was described as a “faithful worker.” Despite her church connection, she was known as a private person who never discussed personal business. The foreclosure action surprised those who knew her best. Polk’s funeral is Saturday.

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