Revere Attorney Ordered to Pay More Than $625,000 for Unfair and Deceptive Foreclosure Relief Services
A Revere attorney and his two businesses have been ordered to pay more than $625,000 for targeting homeowners with deceptive advertisements and demanding thousands in illegal advance fees for mortgage modification and foreclosure relief services they failed to deliver, Attorney General Maura Healey announced today
AG Healey Supports Legislation to Protect Vulnerable Homeowners Through Tax Foreclosure Reform
In an effort to protect vulnerable homeowners in Massachusetts, Attorney General Maura Healey’s Office today sent a letter to the Joint Committee on Revenue in support of legislation to improve the tax foreclosure process
AG Healey Launches Webpage for Homeowners Seeking Assistance From National Bank Settlement Over Unlawful Foreclosures
Following a $2.7 million settlement with four national banks resolving allegations of unlawfully foreclosing on properties in Massachusetts, Attorney General Maura Healey’s Office has launched a webpage to assist eligible homeowners in clearing property titles so they can refinance or sell their propertie
AG Healey Urges Adoption of Greater Protections for Homeowners Who Acquire Property Following Divorce or Death
To further prevent unnecessary foreclosures, Attorney General Maura Healey’s Office sent a letter supporting the Consumer Financial Protection Bureau’s (CFPB) proposed amendments to its mortgage servicing rules to protect homeowners who acquire property following a divorce or the death of a family member, and also urged CFPB to expand certain protections to others who acquire an interest in property
SunTrust Mortgage to Pay $550 Million in Federal-State Deal Over Unlawful Foreclosures, Loan Servicing
BOSTON - June 18, 2014 - (RealEstateRama) -- A $550 million nationwide federal-state settlement with mortgage lender and servicer SunTrust Mortgage Inc. over mortgage origination, servicing, and foreclosure abuses will provide direct payments to eligible Massachusetts borrowers for past foreclosure abuses, along with loan modifications and other relief for borrowers in need of assistance, Attorney General Martha Coakley announced today.
AG Coakley Urges FHFA to Use Buyback Programs and Principal Reductions to Keep People in Their Homes
BOSTON - May 16, 2014 - (RealEstateRama) -- Saying in a letter file size 2MB today that the use of buyback programs and principal reductions are “key to helping homeowners recover from this foreclosure crisis,” Attorney General Martha Coakley urged the new director of the Federal Housing Finance Agency (FHFA) to use buybacks or face legal action
Ocwen to Provide $2.1 Billion in Relief to Homeowners in State-Federal Settlement Over Loan Servicing Misconduct
BOSTON - December 19, 2013 - (RealEstateRama) -- The nation’s fourth largest mortgage servicer has agreed to provide Massachusetts homeowners with an estimated $80 million in principal reduction and cash payments to homeowners as part of a national settlement to resolve claims of loan servicing misconduct and unlawful foreclosures, Attorney General Martha Coakley announced today.
Springfield, MA - October 21, 2013 - (RealEstateRama) -- Mayor Domenic J. Sarno announced the beginning of the implementation of the City of Springfield’s updated ordinance requiring the registration of vacant and foreclosing properties to protect and preserve public safety, security, and the quiet enjoyment of occupants, abutters, and neighborhoods.
AG Coakley Sues Alleged Foreclosure Relief Groups for Soliciting Illegal Fees, Taking More Than $350,000 From Homeowners
BOSTON - October 16, 2013 - (RealEstateRama) -- A group of businesses that advertised themselves as non-profit foreclosure prevention organizations was sued for allegedly soliciting and spending more than $350,000 in illegal advance fees from distressed homeowners, Attorney General Martha Coakley announced today
AG Coakley Statement on Report Showing ‘Exceptional’ Reduction in Foreclosures in Massachusetts
BOSTON - May 14, 2013 - (RealEstateRama) -- Massachusetts Attorney General Martha Coakley today issued the following statement in response to a study from The Warren Group reporting a significant decline in Massachusetts foreclosures during the month of March, and crediting the state’s new loan modification law as one of the major reasons for that reduction:
Application Period Opens for $1 Million Grant Program to Revitalize Distressed Properties
BOSTON - May 10, 2013 - (RealEstateRama) -- In an effort to help Massachusetts municipalities with high rates of distressed and vacant properties turn the corner on the foreclosure crisis, Attorney General Martha Coakley today opened the application period for a $1 million grant program designed to identify and return bank-owned properties to productive residential use
AG Coakley Reminds Homeowners Eligible for Loan Modifications Under New Law to Seek Assistance Through HomeCorps
BOSTON - April 26, 2013 - (RealEstateRama) -- Thousands of Massachusetts residents at risk of foreclosure are receiving notices in the mail alerting them to their eligibility to request a loan modification, Attorney General Martha Coakley announced today. Homeowners with questions can seek immediate assistance through the AG’s HomeCorps program, which is celebrating its one-year anniversary today.
Application Period Opens for $5 Million Abandoned Housing Grant Program
BOSTON - April 12, 2013 - (RealEstateRama) -- In an effort to increase the rehabilitation of distressed and abandoned properties in Massachusetts, Attorney General Martha Coakley today opened the application period for a $5 million grant program. Utilizing funds recovered through the nationwide state-federal settlement over unlawful foreclosures, the Abandoned Housing Initiative Receivership Fund (AHI Fund) will assist local communities in mitigating the impacts of the foreclosure crisis.
AG Coakley Targets Financial Companies for Predatory Loan Practices, Warns Homeowners About Foreclosure Relief Scams
WASHINGTON, D.C. - March 8, 2013 - (RealEstateRama) -- AG’s Office Obtains $20,000 Settlement with iMod Corporation, Files Lawsuit Against Pinnacle Financial for Soliciting Massachusetts Consumers with Foreclosure Relief Scams
Foreclosure Prevention Initiatives Provide Free Services to Struggling Borrowers as Part of AG Coakley’s HomeCorps Program
BOSTON - February 15, 2013 - (RealEstateRama) -- Initiatives established as part of Attorney General Martha Coakley’s HomeCorps program have provided hundreds of struggling homeowners with a range of foreclosure-prevention efforts that include free legal services, financial counseling and eviction prevention across the state.