The Louisiana court system is extremely corporate-friendly. Thus, I made a small settlement deal with Chase, enough to help us move out and store what we can't bring with us. Chase says they sold my house to Fannie Mae. My fight now must continue with Fannie Mae. I'm still looking for a place to live that we can afford. If anyone has such a place (house mates or our own place) please let me know ASAP.
To: Timothy J. Mayopoulos, President and Chief Executive Officer
Fannie Mae: Don't evict Sherri Joubert!
Immediately halt your attempts to evict us! Rescind the sale, and work out a deal that allows us to stay in our home.
Fannie Mae, you recently received my house from Chase. The fate of my house is now in your hands.
Why is this important?
My name is Sherri Joubert. My family has lived in our Baton Rouge home since 1992. It is the only home that my son, who was born in 1995, has ever known. For 18 years, we faithfully made the mortgage payments every month until we hit on hard times, and now we are faced with losing our home.
In 2011, I suffered from a life-threatening contagious illness. My illness lasted six months in the acute stage, and continues to cause me problems to this day. Since I don't have health insurance, I couldn't afford the complete course of treatment, and the drugs needed to treat it are extremely expensive. My illness eventually caused me to lose my job, and prevents me from being able to work in food service.
Prior to that, I had been laid off from my job in the chemical industry. I am an analytical chemist with a bachelor's degree, but a bad economy and multiple hurricanes have made it difficult for me to find full time work. I am currently running a small tutoring business, working with high school and early college students on math and science courses. This provides me with regular income, but is still not full time work. I've struggled to find any additional employment that would increase my income.
In November 2012, Chase Bank denied my modification, claiming that my income is not enough, and foreclosed on my home. Now Chase and Fannie Mae are pushing very hard to evict us.
If we lose our home, my family and I will likely be homeless. Our mortgage, even without the modification, is still less than the average rent for an apartment or condominium in Baton Rouge. We don't have any family members or friends close by that we can stay with. My son and I will be forced to live on the street if we lose this house.
I want to pay my mortgage, and am working hard to provide enough income for my family to survive. When the banks crashed the economy, they got a bailout with our money. Now I'm asking Fannie Mae and Chase Bank to work with me and negotiate a solution that keeps us in our home.
How it will be delivered
3900 Wisconsin Ave., NW
Washington, DC 20016-2892