Community Rescues Vet From Foreclosure After TV Story Airs





While homeowners late on their mortgage payments may feel left out in the cold by half-hearted government relief efforts, some communities are taking matters into their own hands to save their neighbors from foreclosure. Veterans in particular seem to be on the receiving end of such communal acts of kindness.

Last week word broke that one vet recently managed to delay his home's foreclosure by garnering more than 14,000 signatures in protest of the proceedings. And this week, the CBS TV station in Los Angeles reports that an injured war hero has avoided losing his home in Costa Mesa, Calif., by receiving a flood of donations after his imminent foreclosure was reported on television.

Daniel Foster was the target of a suicide bomb attack in Afghanistan that left him with severe wounds, including a shattered face and traumatic brain injuries. He earned a Purple Heart and Silver Star for his service, but due to a misfiling by the Veterans Benefits Administration, did not receive his disability payments.

After the story about Foster's situation aired on CBS2/KCAL9, the local community rushed to his aid. One former Marine gave him $1,000, while another anonymous donor shelled out the full $12,000 that Foster needed to again become current on his loan.

In the meantime, Foster's bank has agreed to cease foreclosure proceedings while the Veterans Benefits Administration has assured Foster that his disability payments are headed his way.

While there are many heartwarming stories of communities rallying behind struggling veterans in their midst, there also appear to be a fair share of instances in which neighbors have behaved callously towards service members. One vet in Springfield, Ore., was threatened with eviction if he displayed an American flag outside his apartment, while another wheelchair-bound vet had construction of his disabled-accessible home halted by an HOA that was concerned over the house's potentially negative impact on property values.

Also see:
Vacant House Targeted by Squatters, Scammers and Thieves

'Mortgage Prof': 5 Reasons Banks Would Rather Foreclose



More on AOL Real Estate:
Find out how to
calculate mortgage payments.
Find
homes for sale in your area.
Find
foreclosures in your area.
Find homes for rent in your area.

Reader Comments (10)

10 Comments / 1 Pages


Compare Mortgage Rates

Mortgage Rates by Zillow