Pursuits

Bank’s Call to U.S. Borrower Leads to Job Not Foreclosure

Lock
This article is for subscribers only.

Out of full-time work for more than 18 months, Richard Smith wasn’t eager to hear from his mortgage lender.

The calls weren’t intended to harangue Smith about missed payments. Instead, bank representatives were telling the 59-year-old in Columbia, South Carolina, about a new job-help program that could be a benefit to both.