Across the country, homeowners are facing a mortgage payments crisis. They ultimately face the possibility of losing their homes. Meanwhile, the government says nothing and the banks sit on their hands, offering next to no support.
But the very same banks that offer mortgages are taking in huge profits. So here’s a solution to the current crisis: a decade since hundreds of billions were spent bailing them out with taxpayers’ money, the banks need to pull their weight and support customers.
