This just in:
In an ongoing response to the state’s foreclosure crisis, Governor Deval Patrick today directed Commissioner of Banks Steven L. Antonakes to seek delays from mortgage lenders, on a case-by-case basis, for any Massachusetts homeowner who has filed a complaint with the Division of Banks as part of their consumer assistance outreach efforts.
“This action will provide relief to the people who need it the most – the individuals and families who find themselves in the late stages of a personal financial crisis,” said Governor Patrick. “All we seek is for individuals and families to have a little time to work with lenders and non-profits toward a solution that might just save their homes.” …
As part of its continuing and multi-faceted response, the Patrick Administration has identified and contacted housing agencies from across the state to assist distressed homeowners. The list of agencies is available at http://www.mass.gov/…. …
Additionally, the Division of Banks has extended the hours of its mortgage hotline from 7:30 a.m. to 6:00 p.m. Homeowners are urged to call the Division at 1-800-495-BANK (2265) and can file a consumer complaint form available at http://www.mass.gov/….
Good stuff. The executive branch can do a lot without the legislature’s say-so, if it chooses to.
