Boston Globe Article, "Freddie Mac, big bully," Features BCC's SUN Initiative

Thursday, March 17, 2011

Boston Community Capital was featured in the Boston Globe article, "Freddie Mac, big bully," written by Yvonne Abraham.  The article tells the story of Sophia Mitte, her four sons, and their struggle to keep their home.

In 2003, Mitte was diagnosed with multiple sclerosis and bipolar disorder, and couldn’t work. Her four sons — now ages 10 to 18 — had psychological and physical ailments, including schizophrenia, autism, bipolar disorder, and pulmonary disease.
Mitte’s husband left her. Trying to care for herself and her kids on disability benefits, she fell behind on the mortgage, even after her loan was modified in 2008. By then, she owed close to $300,000.  Wells Fargo foreclosed last June.
Read more of the article and BCC's attempt to repurchase her home for her here.