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Mayor Menino Announces Boston’s $18M Homeownership Stabilization Initiative

July 29, 2009 - (RealEstateRama) -- Mayor Thomas M. Menino today announced the City’s new Homeownership Stabilization Campaign, a comprehensive 12-month initiative through which the City has committed to spend as much as $18 million to help Boston’s neighborhoods recoup from the nationwide foreclosure crisis. Joined by state and local housing officials, Mayor Menino described the campaign as having a two-part strategy to help retain and support existing homeowners while adding new buyers to the market through bolstered homeownership programs

Boston Hosts Second Homeowner Foreclosure Prevention Workshop

April 07, 2009 - (RealEstateRama) — Mayor Thomas M. Menino, together with the Boston Home Center, today hosted hundreds of residents at the City's second Homeowner Foreclosure Prevention Workshop in an effort to connect some of Boston's most vulnerable homeowners with their mortgage servicer to see if they can avoid foreclosure. Today's event, held at Madison Park High School in Roxbury, drew seven servicers, eight non-profit housing organizations, and more than 200 homeowners.

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AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today