Governor proposes borrower bailout
According to the Globe: The Patrick administration is considering a plan that would make mortgage lenders pay moving expenses as well as the first and last months’ rent of homeowners who lose their homes to foreclosure. The proposal is part of foreclosure...Commonwealth offers a hand (out) to subprime loan borrowers
Terrible idea. Terrible. From the Boston Globe: Massachusetts officials today are expected to unveil a $250 million fund to help delinquent borrowers of subprime mortgages refinance into more affordable loans to prevent them from losing their homes to foreclosure. The...Loan workouts: for many, it’s just delaying the inevitable
It sounds as if it’s a good idea. If you are a loan servicer and some of your borrowers are having trouble making a payment on their mortgage loans, why not try to work out a deal? It costs less than going through all the steps necessary to foreclose on their...Federal regulators propose new subprime lending guidelines
Back to Boston condos for sale homepage Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712. Boston condos Boston condos for sale SEARCH FOR CONDOS FOR SALE AND RENTALS Back Bay condos under $650k – $1M...Not sure who should be paying for this …
The Patrick Administration is exploring a massive, state-backed bailout of homeowners saddled with risky subprime mortgages as foreclosure rates go through the roof, according to executives briefed on the plans. Administration officials are exploring plans to create a...Condo Listings by Neighborhood
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