One of the most important things we do at the Office of Consumer Affairs and Business Regulation is work with the Patrick Administration and homeowners to find solutions to potential foreclosures.
Next month, we will be holding two more foreclosure workshops that will give homeowners in Central and Western Massachusetts the opportunity to sit down one-on-one with their lenders and discuss ways to preserve their mortgages and their homes.
Massachusetts has been very proactive in dealing with the foreclosure crisis, and the administration has created a comprehensive response that works to help as many homeowners as possible. Part of that response includes these foreclosure workshops. In addition, the U.S. Treasury’s “Home Affordable Program” has created new guidelines for homeowners seeking help.
On Wednesday, July 22, we will be in Worcester Download Worcester 2009 Flyer, and on Thursday, July 23, we will be in Springfield Download Springfield 2009 Invitation. Any homeowner who is concerned about pending or possible foreclosure should come to the event. Along with representatives from a number of lenders, housing counselors from local agencies will be on hand to talk to homeowners.
Earlier this year, we held similar events in Brockton and Lowell, and nearly 800 people attended the workshops. We know, unfortunately, that a number of Massachusetts homeowners are facing possible foreclosures. We hope those facing this serious problem will come to these events, reach out to their lenders, and start the work on find a solution to their problem.
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