Home Ache

Wednesday, May 28, 2009: It is a deep ache, a feeling that will not go away, no matter how much I press it down and deny it. A home, a home, the kind I have always known. The kind of home that now seems to have belonged to another me, long, long ago.

Mortgage Fraud Hope

Friday, May 15, 2009: I still haven’t lost hope that the so -called professionals who got me into my GA mortgage fraud mess will be punished. I know it’s a long shot, but I I am hoping (maybe against hope) that it will actually come to pass and that justice will be done. I am just one person and maybe I don’t matter because I am not famous or rich or anything, but my experience is very important to me. it has cost me many things, including the people i thought were members of my family, among other things.

Yield Spread Premium

Thursday, April 16, 2009: I think there was something about yield spread premium in my mortgage when I bought the GA condo. From what I understand this is yield spread premium is predatory lending. No wonder I lost my condo!

Puzzled

Saturday, April 11, 2009: I am puzzled and confused. From everything that I lived, everything that I have learned and read since my unfortunate mortgage fraud/foreclosure experience, the professionals in GA did not act in an ethical manner towards me. They did me a great wrong. Then, why are they not punished? Why haven’t I seen my money back? If I can’t pay for a lawyer, what else do I need to do? It is unfair and unjust that I have to keep struggling this way. Unfair and unjust and in all ways totally unacceptable.

Charity

Thursday, April 2, 2009: I have noticed that people, in their well-meaning way. say thingsthat they do not mean to a person who is clearly in need. It is not their intention to mislead or deceive, but the harm is done all the same. Ever since I have had the unfortunate experience of being homeless due to the mortgage fraud/foreclosure fiasco. I have been aware of this. I get my hopes up thinking something like: Maybe this time there’ll be light at the end of the tunnel only to seethe same old darkness. The only difference is that this time I am more tired and exhausted andanother day has gone by without what I need so badly.

Letter To Obama

President Barack Obama

The White House

600 Pennsylvania Avenue, N.W. Washington, D.C. 20500

Dear President Obama,

I am writing to tell you my subprime mortgage story. In July 2002 I moved to Atlanta, GA. There I bought a condo for $170,000. I was offered two loans: one for $136,000 at 9.75% and the other for $136,000 at 13%. I should have been suspicious at these high interest rates, but I trusted the realtor, and loan officer she worked with. At this time my credit score was around 754 and I had no credit card debt . A few days before closing, the realtor informed me that the loan officer had paid $300 to somebody to write the mortgage company & tell them that I had my own publishing company and that I made $120,000 a year. I was shocked at this lie, but I thought I had no choice but to go ahead with the closing. I honestly believed it was too late to turn back. After the July 26, 2002 closing, I contacted the seller’s real estate company. I wanted to sell the place. They told me that I could get $150,000 for it at most. $20,000 less than I had paid! The appraisal had been for $188,000. I tried refinancing, but because there was a penalty of $5,000 if I sold or refinance less than 2 years after the purchase of the condo, all the lenders turned me down. I decided I would rent it out. The realtor had told me that I could rent it for around $1,600 a month on the roommate plan, but all the realtors I worked with could get no more than $875-900 for it. That was way below my 2 mortgage payments plus the monthly common charges of $225 a month. My savings began to drain away. I wanted to save my condo at all costs and I didn’t want to have a foreclosure. I had been proud of my almost perfect credit score and now it was in danger of being ruined. I took a job as a domestic for 3 months, in spite of my bad back. In 2004 I was only able to rent out the condo for 6 months. To make the mortage I was forced to use credit cards. Eventually I racked up more debt and unable to make payments the condo foreclosed on November 1, 2005.. I would like to ask you to help change the laws so that real estate people can get punished for doing what my realtor did. I was very naïve to trust the realtor but I did everything in my power to make the payments and to save my place. There are countless numbers of persons (even HUD and various real estate investors) that I contacted. Nothing did any good (the investors would not buy the condo because it had what they called negative equity). Now it appears that my life will stay in shambles.What I went through happened before this subprime crisis exploded, but its effect on my life was beyond belief. It is the same as if someone had kicked me in the back and left me paralyzed for life.

I have lived with Lau, my cat, in the streets of Manhattan. People were very kind to both of us. I am especially grateful to the soup kitchen at St. Bart’s church on 50th between Lexington and Park, the Starbuck’s coffee shop on 51st. just off Park and the Midnight Run organization. Passers by were also nice to us, giving me food for Lau and playing with her.

 Now I am in Williamsburgh, Brooklyn. A friend allows me to stay in his loft. I have terrible back pain and no medical insurance. My back condition is chronic, and needs the care of a professional. When it is very painful, it hurts me to walk, go up and down the stairs and sit. I am in desperate need of medical help but can not pay for it due to my ruined finances. Sincerely, Eugenia Maria Renskoff

Half Hour Home

Friday, March 13, 2009: I took a shower, a nice warm shower, and after I dried myself, I hang around the small apt. It was like in the old days, when I had a home. My white T-shirt felt comfortable. As I walked around the living room in my bare feet, I thought: Why have things changed so much for me? Where is the life I used to lead? It’s been like this for almost 7 years, way too long. Nobody likes reduced circumstances. They are no fun. Demeaning is the right word to describe them.

I forced myself to leave. No, it wasn’t my real home. I was only there for the shower.

Public

Sunday, March 8, 2009: I would like my situation to be made public and have people identify what I am going through. My life since 2002 has been Hell on Earth. The GA mortgage fraud/foreclosure experience is one that can never be forgotten or forgiven.

GA Real Estate Board Reply

Saturday, February 14, 2009: As expected, The Ga Real Estate Board has written me a letter saying that there is not enough evidence to further investigate my complaint against La Shawn Yvette Tucker, Real estate broker. I have to get some sort of new evidence in order for them to continue their research. The fact that this woman lied to me and that she hooked me up with an iffy loan officer means nothing. The fact that they got me involved in mortgage fraud without my knowledge and that my beautiful condo at 3660 Peachtree Road, J8 foreclosed and that my credit score went from 754 to nothing is not important.

I have suffered a great financial loss and I am still paying for it, even though they were the professionals who should have known better. Eugenia Renskoff

Too Late

Saturday, February 7, 2009: When I read about people going through the harsh foreclosure process, I cannot help but remember how it was for me over 3 years ago. I was in another country, not being able to get back here to try to save my condo in GA.  It was a desperate time for me; so much so that it continues to haunt me in one way or another.

There is no forgiveness, there cannot be any forgiveness, in my heart for the professionals responsible for this. Yes, one needs to go on, press forward and all that, but closure is impossible to come by without the right tools–like money and support and a job.