An Act establishing a Massachusetts foreclosure prevention program
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a foreclosure prevention program in Massachusetts to help homeowners at risk of losing their homes. The program aims to provide assistance and resources to struggling homeowners, preventing unnecessary foreclosures. It seeks to stabilize housing within the state by offering support during challenging financial times. The program’s specific details and implementation are yet to be fully defined.
Key provisions
- Establishment of a statewide foreclosure prevention program.
- Provision of financial counseling and assistance to homeowners.
- Potential offering of mortgage modification options.
- Support for homeowners facing temporary financial hardship.
- Coordination with existing housing assistance programs.
Who is affected
- Homeowners in Massachusetts
- Individuals at risk of foreclosure
- Financial Services sector
- Housing market participants
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
14 on record
Primary sponsor
Cosponsors
Carmine Lawrence Gentile
David Henry Argosky LeBoeuf
James K. Hawkins
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours