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Boston Announces $4M in Available Funds to Support Redevelopment of Foreclosed Properties

Mayor Says Neighborhood Stabilization Program Resources Designed to Expedite the Restoration of Valuable Housing Stock March 23, 2009 - (RealEstateRama) — Mayor Thomas M. Menino today announced the availability of more than $4 million in Neighborhood Stabilization Program (NSP) funds for the acquisition and rehabilitation of foreclosed and abandoned properties by non-profit and for profit developers, the latest milestone in Boston’s efforts to stabilize those neighborhoods that have been disproportionately affected by foreclosures.

Mayor Menino Announces Boston’s New Leading the Way III Housing Strategy

Executive Summary Details Focus on Workforce Housing; Continued Foreclosure Reclamation; Homelessness Reduction, Rental Housing Preservation

Mayor Menino Announces City Could Benefit from $8M to Aid Boston’s Foreclosure Efforts

Funding Will Enhance Foreclosure Intervention Team’s Neighborhood Stabilization Initiatives February 10, 2009 - (RealEstateRama) — Mayor Thomas M. Menino today announced that the City of Boston has been approved to receive $4.23 million from the U.S. Department of Housing and Urban Development (HUD) as part of the federal Neighborhood Stabilization Program (NSP),

Attorney General Martha Coakley Obtains Preliminary Injunction Against Option One and H&R Block, Accused...

BOSTON, MA - November 13, 2008 - (RealEstateRama) — Attorney General Martha Coakley’s Office has obtained a preliminary injunction against Option One Mortgage Corp....

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...

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...

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: Neighborhood Stabilization Pilot...

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...

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What the heck is a condotel?

Have you ever dreamed of living in a hotel? Just imagine: You'd have housekeepers, valet drivers, room service and more -- all there to...

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The Number of Massachusetts Homes Put Under Agreement Went Up in...

The Massachusetts Association of Realtors® (MAR) reported today that the number of single-family homes and condominiums put under agreement in the month of July experienced double-digit percent increases over the same time last year. The median price for pending home sales remained above the $400,000 for the third straight month. July's Hot Topic' question found that the vast majority of Realtors® reported that their clients are concerned about finding a home to buy after they sell.