• This page, Help for Distressed Homeowners, is   offered by
  • Division of Banks

Help for Distressed Homeowners

If you are facing imminent foreclosure, within the next 7 days, the Massachusetts Division of Banks (DOB) may be able to help.

Massachusetts Division of Banks Consumer Assistance Unit

The Details   of Help for Distressed Homeowners

What you need   for 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.

How to request   Help for Distressed Homeowners

Consumer Assistance: (617) 956-1501

Contact   for Help for Distressed Homeowners

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