‘Serious’ Borrowers Needed, Lenders Agree

June 3, 2010  |  

(Atlanta Journal Constitution) — Fixing the foreclosure crisis and stabilizing neighborhoods isn’t easy, but lending money — even to higher-risk borrowers — will have to be part of the solution, a panel of people in the financial industry agreed Wednesday.  “We do recognize there are those who are not credit ready, but it doesn’t mean they can’t purchase a home,” Brigitte M. Killings, a vice president with Bank of America Home Loans, said during a meeting of the Atlanta Regional Housing Forum.

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