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Article: Nation's mortgage crisis is taking a toll on the kids, too; St. Paul teen knows first-hand. She's rooting for a foreclosure bill, OK'd by U.S. House, to pass.(NEWS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- May 13, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: JEAN HOPFENSPERGER; STAFF WRITER
High school senior Amber Vickerman has never eaten lunch with a member of Congress. But on Monday, she sat next to Rep. Betty McCollum, D-Minn., and told her that losing your home is really tough on a kid.
The teen said she'll pack up her bedroom and 17 years' worth of memories in a few months when her family loses its home to foreclosure. Her parents owned their east St. Paul home for 20 years, but refinanced their mortgage a couple of years ago when they needed to buy a car to transport a family member with cancer.
When the new mortgage's interest rate rose, her parents could not keep up with the payments.
"I'm hoping ...
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