Bank of America
Division of Banks Orders Internet Reverse Mortgage Companies to Cease Activity in Massachusetts
BOSTON, MA - August 29, 2011 - (RealEstateRama) -- Continuing the Patrick-Murray Administration’s ongoing efforts to fight deceptive advertising practices, the Division of Banks today announced that cease activity directives had been issued to five entities for marketing reverse mortgages to Massachusetts consumers.The five companies, Eldervantage, LLC; Lender 411, LLC; Senior Reverse Mortgage Online; Reverse Mortgage Helpdesk; and Reversemortgesite, were not approved to sell reverse mortgages in Massachusetts. The actions follow similar enforcement actions the Division of Banks has taken over the past three years in the area of unfair and deceptive advertising practices.
Michael J. Dirrane Re-Appointed to MassHousing Board
BOSTON , MA - October 29, 2010 - (RealEstateRama) -- Michael J. Dirrane has been reappointed by Governor Deval Patrick to a new 7-year term on the MassHousing Board of Directors. Mr. Dirrane, a South Boston native, is the longest-serving Board Member in MassHousing's 44-year history. He was first named to the Board in 1993 and currently serves as Vice Chairman. From 1995 to 2009 he served as Chairman of the Agency.
Mayor Menino Engages Youth to Help City with Up-Keep of Foreclosed Properties
October 26, 2010 - (RealEstateRama) -- Mayor Thomas M. Menino and members of his Foreclosure Intervention Team today visited a city-owned foreclosed home in Dorchester where a group of local teens, dubbed the “Mayor’s Clean Team,” who are helping the City maintain foreclosed properties, were cleaning the property of debris and trash, landscaping the grounds, and performing minor repairs to the house’ exterior. The single-family property at 40 Mountain Avenue is being readied for sale through a Request for Proposals (RFP) process to a developer to be rehabbed and sold to a homebuyer
MARKEY RECEIVES HOME HEATING AWARD, CALLS FOR INCREASED FUNDING FOR VITAL PROGRAM
WASHINGTON, D.C. - July 29, 2010 - (RealEstateRama) -- Representative Edward J. Markey (D-Mass.), a longtime champion of the Low Income Home Energy Assistance Program (LIHEAP), today received an award from the National Fuel Funds Network (NFFN), a national organization representing local non-profit community action agencies, fuel providers, utilities and local government agencies. The NFFN presented Rep. Markey with their 2010 Extra Mile Award at the annual LIHEAP Action Day for his continued advocacy for increased funding for LIHEAP and for his call for the expansion of LIHEAP to include more American families who may find themselves in need of home heating assistance.
Bank of America Home Loans Opens Customer Outreach Center to Serve Financially Troubled Homeowners...
DEDHAM, MA - July 20, 2010 - (RealEstateRama) -- Bank of America Home Loans has opened a new customer outreach center in Dedham to serve customers in the Boston area and surrounding region. Bank of America homeownership retention specialists will be meeting face to face with financially troubled mortgage customers who are having difficulty making their monthly payments. Dedicated associates also are available to help customers facing hardship with their auto, credit cards and personal loans.