By James W. Speer and Deborah Goldberg, Richmond Times-Dispatch Op-Ed What happens when banks make mortgage loans that borrowers cannot afford to repay? The borrowers end up in foreclosure. This is what happened to far too many borrowers in Richmond in recent years, as lenders chasing profits put aside the basic principles of safe, sound […]
Mortgage Settlement Relief Will Take MonthsPredatory scammers are hard at work, falsely claiming to have an inside track to getting help from the National Mortgage Settlement. They are working the phones and the Internet, trying to entice desperate people to pay money in exchange for mortgage relief. DON’T BE A VICTIM. The Virginia Poverty Law Center advises you to ignore […]