Fairfax County supervisors are pushing for more power to recoup theirstock ofaffordable housing, after dozens of unscrupulous loans sent a bevy of cost-controlled homes into foreclosure last year.
County housing officials say most of the foreclosures were the result of owners’ inability to pay inflated loans taken against the actual market value of their units rather than the fixed price.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.