business

"Not Paying the Mortgage, Yet Stuck With the Keys"

Check out this great Washington Post story from yesterday about the backlog in foreclosures. The human interest is a woman from Glen Allen, Va., who moved out of her house last July and has been begging the bank to foreclose so it won’t be her responsibility anymore. As long as her name is on the title, she’s been going back and trying to keep it neat. She even tried to clean up from a fire that broke out in January. Here’s the final quote in the story:

We could have walked away like everyone else and said, ‘We don’t care.’ But we loved our neighbors and our neighborhood. We hold ourselves responsible.

I don’t know why she fell behind on her mortgage in the first place, but I admire her sense of responsibility at this stage.

Hat tip to Matt Stichnoth at Seeking Alpha.

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