NEWS & UPDATES
Worcester Magazine | March 28, 2018
Two dominant issues emerged from a forum on banking practices among communities of color Wednesday night: the lack of bank branches in Worcester’s poorer neighborhoods and home foreclosures.
More than a dozen residents spoke to the large panel consisting of elected officials and representatives of major area banks and credit unions.
Telegram & Gazette Staff | March 28, 2018
Edna Austell said she tried to work with five different banks to get a modification on her loan while her home went through foreclosure. But every time she sent in paperwork, the banks would say that something was missing and reject her application.