To: Seterus Mortgage Servicing, Fannie Mae, & FHFA Director Mel Watt

Seterus and Fannie Mae: Keep Zannie Jackson in his home!

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Work out a deal that includes principal reduction so that I can stay in my home and focus on my health.

I purchased my home for me and my family in 2005. In 2012 I was diagnosed with renal kidney failure and a heart problem which placed me on dialysis and heart therapy and I am now 100% disabled. After a lifetime working for IBM, I was forced to stop working when I got sick. Ironically, IBM is the parent company of my mortgage servicer, Seterus, who refuses to work with me.

Having to do dialysis multiple times a week I can no longer work, it's truly a nightmare I never thought I would have to face. Not only was I struck with a life changing illness that will take my life if I can't find a kidney donor, I had to go through a long process to receive disability. My income has shrunk dramatically. After the sequester hit I saw my income decrease even more.

I have fought hard and struggled over the last year with Seterus to assist me in saving my home. Unfortunately, despite my efforts, the long phone calls, the sending and resending information time after time has guaranteed me nothing.
I invested a large sum of money in my home, which is now worth less than half of what I bought it for. I want to continue living there. I have money to pay, my home isn't worth much, and I am now faced with losing not just my home but my life.

Why is this important?

I purchased my home for me and my family in 2005. In 2012 I was diagnosed with renal kidney failure and a heart problem which placed me on dialysis and heart therapy. I am now 100% disabled. After a lifetime working for IBM, and as if no longer being able to work isn't bad enough, I am also the subject of an incredible irony. IBM just happens to be the parent company of Seterus, which still has the power to foreclose on me, as they already tried once before. If I ever laugh over this, it's only to keep from crying.

For the time being, Seterus has put me on a trial loan modification for which I'm extremely grateful. My mortgage payment has been lowered, and for the next few months at least I'll be okay. After that it's anybody's guess. Trial modifications, as I've learned from others, have most often just been set-ups for foreclosures rather than for permanent loan modifications. So this is still a major stress in my life.

Having to do dialysis multiple times a week I can no longer work, it's truly a nightmare I never thought I would have to face. Not only was I struck with a life changing illness that will take my life if I can't find a kidney donor, I had to go through a long process to receive disability. My income has shrunk dramatically. After the sequester hit I saw my income decrease even more.

In a couple of weeks I have to drive up to Johns Hopkins in Baltimore in the hope of speeding up the process of getting a kidney transplant. I'm going to be there for a few days. While I'm there I have every hope of heading over to Washington, D.C., to meet with the new director of FHFA, Mel Watt, who has said that he plans on giving people facing foreclosure like me a much better shot at staying in their homes than his predecessor ever did. My home was financed by Fannie Mae, which falls under FHFA's control. Since my new friends in OOH are also trying to meet with Mr. Watt, my dream is that we could do this together. Mr. Watt, are you reading this?

I have fought hard and struggled over the last year with Bank of America and Seterus to assist me in saving my home. Unfortunately, despite my efforts, the long phone calls, the sending and resending information time after time has guaranteed me nothing. B of A at least canceled the second mortgage I'd had with them, and I'm deeply grateful to all of you who made calls pressuring them to take that step. But like I already said, until Seterus puts in writing a new and affordable permanent loan modification, nothing is guaranteed as far as me staying in my home.

I invested a large sum of money in my home. I want to continue living there. I have money to pay, my home isn't worth much, and I am now faced with losing not just my home but my life. Johns Hopkins is going to help me with the life part. I'm not so sure Seterus will help me with the home part, though.

Can you help me save my home?

How it will be delivered

In Person if I have to.

Atlanta, GA

Reasons for signing

  • I just hope Zannie can keep his home.
  • I;m fighting to save my house. Life has a way of interrupting your good intentions, your good record of paying your bills. To this effect, in these times; in this economy, it doesn't take much to much to stumble.
  • Bank of America has a horrible record of not wanting to work with people on affordable loans. They seem to find joy in the misery of others. Do not use them as a bank and if you have an account with them, I suggest you close it.

Updates

2014-01-18 16:38:42 -0500

1,000 signatures reached

2013-09-05 17:13:52 -0400

500 signatures reached

2013-09-05 10:54:30 -0400

100 signatures reached

2013-09-03 14:25:58 -0400

50 signatures reached

2013-09-03 10:47:58 -0400

25 signatures reached

2013-09-02 20:36:39 -0400

10 signatures reached