Help for Distressed Homeowners

Do you have a foreclosure scheduled within the next 7 days?  Your mortgage servicer may still be willing to postpone the sale to review you for a loan modification or other options. If you are facing imminent foreclosure, within the next 7 days, the Massachusetts Division of Banks (DOB) may be able to help. The DOB oversees Massachusetts laws about modification and foreclosure processes. They can make a one-time request on the homeowner's behalf and can ask the servicer to grant a 60-day stay in the foreclosure process. This stay provides extra time to work out an alternative to foreclosure. 

If you have been affected by COVID-19 and are having trouble making your mortgage payments, please visit the Homeowner Assistance Fund (HAF) page.