E-MAIL THIS LINK
To: 

From New Citizen to Suspect in a Year
Pakistan-Born Shahzad Faced Foreclosure in Connecticut and Disliked President Bush; an Invisible Man at His University

Faisal Shahzad was losing his Connecticut home to foreclosure, disliked President George W. Bush, and was an almost invisible presence at the American university where he earned two degrees. Those are some of the details in the still-emerging portrait of the man who authorities say has implicated himself in the botched Times Square bomb plot.

Mr. Shahzad was born in Pakistan's Northwest Frontier Province, according to Pakistan's U.S. embassy. He worked at a Connecticut marketing firm until 2009, the same year he became a U.S. citizen.

At the time of his arrest, Mr. Shahzad and his wife, Huma Mian, were facing foreclosure on the compact home of gray vinyl shingles they owned on Long Hill Avenue near the center of Shelton, Conn. He is "financially bankrupt," said a high-level official briefed on the investigation.

Neighbors and brokers said Mr. Shahzad and his wife had moved away and abandoned the house months ago. A lockbox with a key was on the front door, and the lawn was being mowed on behalf of the bank, J.P. Morgan Chase & Co., which issued the mortgage when the house was purchased in 2004.

Mr. Shahzad bought his house that July for $273,000, brokers said, with 20% down and an 80% mortgage with Chase. It was a new house built on a lot in an existing neighborhood. Brokers said he used the proceeds of the sale of a condominium he owned in Norwalk, Conn., to pay for it. He later added his wife to the deed.

Chase Home Finance filed a foreclosure action against the couple last September, and court dockets indicate they didn't show up to defend themselves. They were listed as "non-appearing" parties. The most recent papers were filed in the case on April 23.

Posted by: Steve White 2010-05-05
http://www.rantburg.com/poparticle.php?ID=296042