Contact for Help for Distressed Homeowners
Massachusetts Division of Bank 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.
How to request Help for Distressed Homeowners
Consumer Assistance: (617) 956-1501