Forgotten category of borrowers

“Major lenders offer relief for delinquent borrowers” (Feb. 13) said there were “three major categories of borrowers who don’t respond to mailings.” Let’s add a fourth: those delinquent borrowers of all IQ levels who simply didn’t understand the legal terminology in the mortgage agreement they were signing.

Also, it is no wonder that “just 16% of borrowers responded late last year to mass mailings” from the ironically named Hope Now industry alliance. The recipients may have thought it was just one more piece of lending-industry junk mail hoping to entrap them.

Wendell H. Jones

Ojai