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Foreclosure Assistance
Federal Help Avoiding Foreclosure

The Obama Administration has implemented a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. The majority of these programs are administered through the U.S. Treasury Department and HUD. This page provides a summary of these various programs. Please continue reading in order to determine which program can best assist you

State Help Avoiding Foreclosure

As part of the Patrick-Murray Administration's comprehensive response to the growing number of foreclosures in Massachusetts, the Office of Consumer Affairs and Business Regulation has implemented a number of initiatives with the goal of keeping homeowners in their homes. These efforts have included hosting several foreclosure prevention workshops for struggling homeowners throughout the Commonwealth. The workshops helped to connect lenders with approximately 3,750 homeowners in the Fitchburg, Springfield, Brockton, Worcester, Lawrence, Revere, Lowell, Boston and Marlborough regions of the state. Those who attended were able to meet one-on-one with their lenders and housing counselors to discuss loan modifications and other options to avoid unnecessary foreclosure. Now hundreds of homeowners can breathe a sigh of a relief and find comfort knowing they are not alone and that solutions are possible. For more individual stories, please see the links to local media coverage below.

Photo of Wayland
Town of Wayland    41 Cochituate Road, Wayland, MA 01778-2614    Tel: (508) 358-7701    FAX: (508) 358-3627
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