Supporters Of 72 Year Old Disabled Woman In Foreclosure Protest Ouside Bank Offices In Downtown Detroit; Predatory Loan May Claim Home Of 45 Years

In Detroit, Michigan, WDIV-TV Channel 4 reports:

• A protest was held Tuesday afternoon for one local 72-year-old woman who is about to lose her home to foreclosure. Friends of Rubie Curl-Pinkins protested outside Bank of America’s offices in downtown Detroit, claiming Countrywide and the law firm Trott and Trott are evicting her instead of accepting her payments.

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• Curl-Pinkins said she was lured into a predatory loan in exchange for a mortgage on her paid-off home. This, in addition to mounting medical bills between her daughter and herself, caused her to fall behind on payments. There is paperwork to prove that Curl-Pinkins has been in and out of court with the bank and its foreclosure attorneys, Trott and Trott.

• She obtained a reverse mortgage on the last day before foreclosure, but because of paperwork issues, the bank still foreclosed. Curl-Pinkins said after review, the bank still could have accepted the $43,000 as payment, but refused to. Curl-Pinkins said she was intimidated and under pressure from the attorneys, and ended up signing a consent judgment – one that ordering her to be out of her house by July 25.

For the story, see Local Woman, Friends Protest Eviction (read story) (watch video).

See also:

• Protest Over Elderly Woman Losing Home,
• Moratorium struggle builds, activists plan to stop eviction. countrywide consumer problems