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Monday, July 28, 2008

Mortgage Crisis Suicide? Wife and Mother on Verge of Losing Home Kills Herself by Greg Mitchell FROM Huffington Post

Police in Taunton, Mass., report today that Carlene Balderrama, 53, a wife and mother, shot herself to death Tuesday afternoon -- 90 minutes before her foreclosed home was scheduled to be sold at auction. Balderrama faxed a letter to her mortgage company at 2:30 p.m., saying that "By the time you foreclose on my house I'll be dead."

The Boston Globe reports today: "The mortgage company notified police, who found her body at 3:30 p.m. The auction had been scheduled to start at 5 p.m., when bidders showed up at the house and found it surrounded by police cruisers. But, unbeknownst to buyers and to Balderrama, the auction had been postponed by the time she grabbed her husband's high-powered rifle, [Police Chief]O'Berg said."

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