Michelle Malkin gets down to the facts of the case regarding Donna A. Hanks’ foreclosure…
Here is what the MSM won’t be telling you about the so-called “victim” in that case, ACORN worker Donna Hanks — all based on public records and court documents.
According to real property data search information, Hanks bought the two-story home in the summer of 2001 for $87,000. At some point in the next five years, she re-financed the original home loan for $270,000.
Question: Where did all that money go?
The house initially went into foreclosure proceedings in the spring of 2006. In July 2006, Hanks filed for bankruptcy and agreed to a Chapter 13 plan which was served to the following creditors: Americas Servicing Co, Bank Of America, Chase, Covahey, Boozer, Devan & Dore, and Discover. She agreed to repay $10,500 in arrears, which resulted in a halt to the 2006 foreclosure.
In September 2006, the bankruptcy court ordered Hanks’ employer to deduct $340/month from her salary as a bartender to pay down the debt (total net monthly take home pay of $1,228)
Hanks’ Schedule I showed additional monthly income of $1,625 for a second and third claimed jobs, plus pro-rated tax refund income.
Hanks did not comply with the plan. In December 2007, the servicer issued a notice of default on nearly $7,000 past due.
In February 2008, Baltimore City Circuit Court records show a second foreclosure action was filed.
She had two years to pay what she owed. She failed to comply.
When she told local TV station WJZ that her evil bank raised her mortgage by $300 (”The mortgage went up $300 in one month”), she’s talking about the amount in arrears that she agreed to pay back.
And then there’s the illegal rent money collected for letting out her basement and other charges of theft and assault.
She’s a real winner, Folks, and would never give the media the a false story. I still can’t get over that refinance figure. Where, indeed, did that money go?
Anyway, this is where the administration will be funneling your tax dollars soon: foreclosure “victims” like Donna and “community organizations” like ACORN.
Please, can we all get just a little angry and motivated to call our representatives now? I knew you could.