Addie Polk, 90, of Akron, Ohio, became a symbol of the nation's home mortgage crisis when she was hospitalized after shooting herself at least twice in the upper body Wednesday afternoon.
On Friday, Fannie Mae spokesman Brian Faith said the mortgage association had decided to halt action against Polk and sign the property "outright" to her.
"We're going to forgive whatever outstanding balance she had on the loan and give her the house," Faith said. "Given the circumstances, we think it's appropriate."
I can see tomorrow's headline already:
HUNDREDS OF THOUSANDS OF DEBTORS SUFFER NON-FATAL WOUNDS AMIDST HOUSING CRISIS
CONGRESS PROPOSES BAILOUT - FREE HEALTH CARE FOR THE BANKRUPT