Education & Consumer Alerts
Reverse Mortgage Loans
Division of Banks Announces Latest Actions in Crackdown on Mortgage Fraud
October 2, 2006
Consumer Alert: Guidance for a Mortgage Loan Transaction
October 2, 2006
Interest-Only Mortgages and Option ARMs: Are They Right for You?
Mortgage Rate Locks
Tips from the Office of Consumer Affairs
Internet Payday Loans
A survey of internet payday lenders by the Division of Banks
Bi-Weekly Mortgage Payment Programs
Risks and Costs of Tax Refund Anticipation Loans
Brochure from consumerlaw.org
Notice Of Possible Unlicensed Mortgage Lenders And Brokers
Temporary Order to Cease and Desist Mortgage Business
On September 12, 2001, the Division of Banks issued a Temporary Order to Cease and Desist to Foundation Funding Group, Inc. d/b/a GreatStone Mortgage ("GreatStone").
Unlicensed Mortgage Activity on the North Shore
AG REILLY, DIVISION OF BANKS ANNOUNCE PLAN TO DISTRIBUTE $13.4 MILLION SETTLEMENT TO AN ESTIMATED 13K MASSACHUSETTS BORROWERS
August 6, 2003 - Close to 13,000 Massachusetts consumers who obtained mortgage or home equity loans with Household Finance Corporation or Beneficial Finance are eligible to make claims for payment from the $13.4 million settlement fund, Attorney General Tom Reilly and Massachusetts Commissioner of Banks Thomas J. Curry announced...
$13 Million Settlement
October 11, 2002 - Household Finance Corporation (HFC) has agreed to pay an estimated $13 million to Massachusetts consumers and revamp its business practices to settle allegations of predatory lending, Attorney General Tom Reilly and Massachusetts Commissioner of Banks Thomas J. Curry announced...
Internet Payday Lending Alert