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The Official Website of the Office of Consumer Affairs & Business Regulation (OCABR)
Consumer Affairs and Business Regulation

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Education & Consumer Alerts

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  • Reverse Mortgage Loans
  • 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 links to PDF file

    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

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