Daily Archives: March 30, 2012

13-Year Old Boy Calls 911 After Shooting Mother

In Osage, Iowa, A 13-year old boy named Noah Crooks was arrested for allegedly trying to sexual abuse his own mother, and then shooting her with a hunting rifle.

The investigation by the Mitchell County Sheriff’s Office is ongoing into the murder of Gretchen Crooks. They still can find no motive, and have no insight as to where Noah could have gotten his .22 caliber rifle. He’s currently behind held in the North Iowa Juvenile Detention Center, waiting for charges to be filed, where he’ll be tried as a minor.

The twist in the story is that Noah was the one who called 911, reporting the murder. He was said to be very calm on the phone, as if he was in shock.

There has been no history of domestic abuse in the Crook family. In most juvenile sex offense cases, juveniles to other juveniles or siblings, or occasionally adults generally commit it. To have a child sexually abuse its own parent is unheard of.

Photo Credit: http://thecomingcrisis.blogspot.it/2012/03/noah-crooks-13-who-shot-dead-his-mother.html

Bank of America Introducing New Option to Avoid Foreclosure

Photo Credit: www.moderateman.blogspot.com

Bank of America is hoping to start a new program that would allow people who face foreclosure to rent their homes for an extended period of time.

The new foreclosure-avoidance plan is called “mortgage-to-lease,” and would also allow the homeowners to have their mortgage debt wiped away.

Bank of America will begin sending proposals at the end of the month to around 1,000 customers in New York, Arizona, and Nevada.  If the new program proves popular, expect to see it expand to other states.

Homeowners in the initial pilot tests had all been previously offered a various amount of alternatives to foreclosure, including loan modifications and short sales, but all had either not qualified or not responded to the proposals.  These people now have no options except foreclosure.  But with the mortgage-to-lease plan, a borrower gives back their home to the bank.  However, they receive multiyear leases at or around the going market rent for that type of home, but only if they have monthly income to pay for it.  When the lease expires though, there is no direct guarantee that the former homeowners will be able to repurchase their home.

Bank of America currently has no estimates as to how many will take the new offer, but they surely hope many do.  The plan particularly benefits the bank, as they’ll most likely obtain higher returns from this type of investment then from trying to sell a foreclosure home.

While Bank of America has not discussed details of the plan with advocate groups for foreclosure-prevention and homeownership, leaders of most of the groups have viewed the concept positively.