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Former Nun Becomes Casualty Of Mortgage Crisis

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Mary Alice Keeler, 76, is in danger of losing her home. (CBS)

Mary Alice Keeler, 76, is in danger of losing her home. (CBS)

Mike Parker

Reporting Mike Parker

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CHICAGO (CBS) — As the nation’s economy struggles, record numbers of Americans are struggling to hold on to their homes, to stave off foreclosure.  Right now, some 5 million homeowners are behind in their payments.

It can happen to anybody, even an elderly retired nun from Chicago. She’s been foreclosed and is worried about being put out on the street.

She shared her story with CBS2’s Mike Parker.

“It shattered me,” says Mary Alice Keeler. “For 37 years, I’ve been faithful.”

For decades, she was a nun with the Roman Catholic Dominican order. She was known as Sister Bernard Ellen and then left the religious life to care for her cancer-stricken mother. She later worked as a lay teacher in both Catholic and public schools, and bought a small house on the Southwest Side of Chicago.

Then she got sick and was hospitalized and in a nursing home for a time.

“I missed three payments,” the 76-year-old said. “When I was able, I sent the one back. Then I was going to send the second one back.” 

 She says the bank told her, “Don’t send us any more money because we’ll just send it back to you.”

Then came the foreclosure notice from Chase Bank and the order to vacate.  It has not yet been enforced and the house has been sold to Freddie Mac, the federal mortgage agency.

State Rep. Bill Cunningham plans to try to convince the agency to work something out.  

“This is someone who worked very hard her whole her life for little or no pay (and) is now, kind of at the last straw, facing being put out on the street,” he says. 

Mary Alice is hopeful. “I just think I deserve a little consideration,” she said.

 The bumper sticker on her car suggests that despite all this, she has not lost her faith. It reads: “Thanx God.”

Keeler says that if she can stay in her house for just a few more years.

“Maybe I’ll go to the party in heaven and we won’t have to worry about this anymore,” she said.

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5 Comments

Daryl Novick

3 payments and they take the house?? THAT is crazy, Obama has a program where if you miss 2 payments, you qualify for refy at a low interest rate

you miss one more payment than that and you lose everything?

What a farce, the original mortgage company ought to be investigated and put out of business… SHAME on them

September 12, 2011 at 11:14 pm

malcom

I know of a couple who hasnt paid a mortgage in two years, and they are still living in their home. eventually they’ll be given the boot.

September 13, 2011 at 3:38 am

Pamela Cambria

Very sad, for everyone right now, and these Banks, do not want to work with anyone, right now! I have lived in my Mom’s home for over 43, years she passed away 3 years ago and did a Reverse Mortagage with Financial Freedom now Federal National Mortgage now owns the home, aka Fannie Mae, they called me in Jan. 2011 to do a buy out, they want way to much, money and I made them an offer! Not taking it, My Mom worked 3 jobs, raised her 5 Children, in this home and now I have to leave, and I have no where, to go either. They did take advantage of my Mom, I am willing to work something out, but no Go! It is really Sad, and not Fair! and they should get rid of Reverse Mortgage’s which I think, now they are. My Mom did not what so ever, get any Freedom out of this and now her children have, to suffer and they do not care about it either! What can be done with these Bank’s to help people out. I have done alot of research on this and it was nothing but a Scam!

September 13, 2011 at 7:37 am

cal

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September 13, 2011 at 11:41 am

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