Dear M&T Bank,
My name is Gayle Lindsey. I live in South Minneapolis with my daughter, grandson and step son. I have lived here since May 2001. I have eleven grandchildren. I have worked as a nursing assistant at Walker Methodist Medical Center for the last twenty years. I am getting close to retirement. I planned on having a place to call home for some time, but now I am facing foreclosure.
I know what justice is. My family is from Selma, Alabama. When I was younger, I wanted to go on a march from Selma to Montgomery, but my mom would not let me. Later on, I remember a high school walk out after the Martin Luther King assassination in 1968. Everyone from my school went along. The physical education teacher followed us. More recently, I participated in a union drive in my workplace. I am a member of AFSCME Local 3532.
I came to Minnesota in 1975. I have always lived in South Minneapolis. The last place I rented was a duplex. The owner was a very nice man. He sold the house, and the new owners kicked the tenants out. I decided to buy a home. I did not want to keep moving. This was the only house I could purchase in South Minneapolis. My grandchild grew up in the house. It's special to me. When other family members don't have anywhere to go, I let them stay here. It's a family home.
Over the last few years, I have experienced a loss of income. I was the only person working in the house. Wages at my full time job have not gone up with the cost of living. For a while, I got by with a second job as a personal care assistant, but that dried up. Meanwhile, expenses and my mortgage payments continued go up. The bank refused to lower the payments. I fell behind on my mortgage. My house was sold at a sheriff's sale back to the bank in July. I would like to stay and fix this situation. I want to pay for my home as long as it's affordable.
I want M & T Bank to re-write the mortgage to something that's affordable for me and my family, based on the current value of the house. I am not going to move, so please work with me. I want people to take action, and be supportive. I want everyone in my community to be able to stay in a home. If people are willing to pay, the banks should always work with them.