Foreclosures

Attorney General Martha Coakley Obtains Preliminary Injunction Against Option One and H&R Block, Accused of Deceptive and Discriminatory Lending Practices

BOSTON, MA - November 13, 2008 - (RealEstateRama) — Attorney General Martha Coakley’s Office has obtained a preliminary injunction against Option One Mortgage Corp. (“Option One”) and H&R Block Mortgage Corp. (“H&R Block Mortgage”), subprime lenders that originated thousands of loans in Massachusetts.  The order, granted Monday by Judge Ralph D. Gants in Suffolk Superior […]

NeighborWorks America Sponsors Boston-Area Foreclosure Prevention Workshop

Event offers homeowners opportunity to sit down with nonprofit counselors and mortgage lenders
Boston, MA - August 14, 2008 - (RealEstateRama) — Today NeighborWorks America is bringing its national foreclosure prevention campaign to Boston-area homeowners in partnership with the HOPE NOW Alliance, the Federal Reserve Bank of Boston and the New England Patriots Charitable Foundation. 

DebtX to sell $26 million of CU’s foreclosures

BOSTON (11/20/07)–DebtX, the electronic debt exchange agency selected by the National Credit Union Administration (NCUA) to manage the sale of foreclosed home loans from the now-liquidated Huron River Area CU, plans to sell $26 million of the loans on Dec. 13.

Mortgage Foreclosure Prevention

Governor Patrick’s five point foreclosure prevention plan is designed to keep people in their homes and stabilize neighborhoods across the Commonwealth:

ATTORNEY GENERAL MARTHA COAKLEY ISSUES FINAL MORTGAGE BROKER AND LENDER REGULATIONS

New Regulations Will Ban Unfair or Deceptive Lending Practices That Contributed to Foreclosure Crisis
BOSTON - Today, Attorney General Martha Coakley filed finalized regulations with the Secretary of State’s Office to expand the scope of the existing mortgage lender and broker regulations prohibiting certain unfair and deceptive advertising practices.