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.
What teens and seniors should know about 18-65 accounts posted on Apr 25
April is Financial Literacy Month and the Office of Consumer Affairs and Business Regulation is offering tips on how to establish and maintain healthy financial habits. It’s never too early or too late to take an interest in your personal finances. But for many, …Continue Reading What teens and seniors should know about 18-65 accounts
Tips to Reduce Your Junk Mail posted on Apr 20
Many Americans open their mailboxes to find them stuffed with envelopes bearing the names of unfamiliar or unsolicited companies. 44 percent of junk mail is thrown away unopened. As a result, about 5.6 million tons of mail offers and advertisements end up in U.S. …Continue Reading Tips to Reduce Your Junk Mail
Buyer Beware: Why clothing ads are not always what they seem posted on Apr 20
Online shopping provides a fast, convenient platform for purchasing items without the hassle of driving to a store. However, scammers often take advantage of the popularity of the online retail industry, sending purchased products that are either not what was advertised or far inferior …Continue Reading Buyer Beware: Why clothing ads are not always what they seem