Sunday, October 14, 2007

Beauty Pageant Contestant, Family, Victims Of Subprime Foreclosure Eviction

In Pawtucket, Rhode Island, The Providence Journal reports:
  • Less than a month before she’s to represent Rhode Island in the Miss American Sweetheart beauty pageant in Orlando, Fla., 8-year-old Imani Vazquez and her family are facing eviction from their apartment on Quality Hill. Imani, who won the Miss New England Sweetheart title at a regional pageant in Framingham, Mass., is handling the situation with the aplomb of a beauty queen. [...] Imani and her family are being evicted even though they have a lease and their $900-a-month rent has been paid regularly.
    The lease is up in November, however, and in August, their landlord ... lost [the home] in a foreclosure proceeding brought by Option One Mortgage Corp., the company, owned by H&R Block Inc., that gave him a $292,500 subprime mortgage. [...] She’s ... hoping that her former landlord will return the $900 security deposit she gave him a year ago, ...

For more, see Pawtucket family faces eviction.

For other stories on tenants unknowingly renting homes in foreclosure, go here, or here, or here. equity skimming unwittingly delta