Charlene Balderama faxed a letter to the mortgage company that was foreclosing on her home that afternoon stating that by the time they had received this letter, she would be dead.
The mortgage company called police who found her dead from a self inflicted gunshot wound from her husband's high power rifle. Next to her body was a note telling her family to "take the (life) insurance money and pay for the house."
This horrible situation with bad lending practices is taking it's toll in so many ways. I equate this mess to the Enron scandal. Not much is being done to hold those that got rich from this scam accountable, while others are paying the ultimate price. Shame on Countrywide, Citibank and the other banks that took advantage of those most vulnerable. All in the name of the almighty buck.
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