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Mary's house

Mary Bonelli has lived in her house at 2334 N. Mason Avenue in Chicago since 1958, and the house has been in her family since 1921. But thanks to an error in Fifth Third Bank's automated mortgage payment system, her loan went delinquent and then quickly into foreclosure, and now she's fighting eviction. Yet another example of how utterly broken our mortgage lending system is.

January 23, 2013 in Chicago Observations | Permalink

Comments

And I know people in other states who haven't paid their mortgages in three and four years and the banks do nothing. Go figure!

Posted by: Richard Grayson at Jan 26, 2013 7:06:34 PM