MHP News

Homebuyers using SoftSecond to buy foreclosed properties BOSTON, June 22, 2009 --- At a time when mortgage financing has been cut back sharply, the SoftSecond Loan Program is playing a critical part in the state's economic recovery and MHP is working to enhance the program even more so it can play an even larger role in the Commonwealth's efforts to promote responsible homeownership and stable neighborhoods.

SoftSecond updates income limits BOSTON, May 12, 2009 --- In an ongoing effort to keep participating lenders and community organizations up to date with the SoftSecond Loan Program, MHP is announcing today updated income limits for 2009 and changes to its guidelines.

Foreclosure Monitor: What can 'underwater' mortgages tell us? BOSTON, May 8, 2009 --- MHP has released its latest Foreclosure Monitor, which reports quarterly on foreclosure trends in Massachusetts.

Foreclosure Monitor: What can underwater mortgages tell us? Three zip codes in Lynn are among the top 20 in the state in terms of having homes in which the amount of the mortgage is higher than the value of the home, according to a Seattle-based real estate data service.

Homeownership news: Program launched to help potential homeowners FRAMINGHAM, April 15, 2009 --- The Community and Economic Development department recently launched a program designed to help moderate and low-income households achieve homeownership with the help of federal grant funds.

SoftSecond enhanced for foreclosed properties in hard-hit areas BOSTON, Feb. 27, 2009 --- Beginning April 1, 2009, a new enhanced version of SoftSecond can be used by qualified homebuyers looking to purchase foreclosed condominiums, single-family, two-family and three-family homes in neighborhoods hardest-hit by foreclosure.

New web site for MassWorks BOSTON, Dec. 10, 2008 --- There's good news for employers who have joined MassWorks and employers who are considering it. The program is going to be easier to use.

Quarterly report will monitor foreclosure data for Massachusetts BOSTON, December 4, 2008 --- MHP has released its first "Foreclosure Monitor", a quarterly report for public officials and community leaders who are working to address the foreclosure crisis in Massachusetts.

2 more employers join MassWorks BOSTON, December 1, 2008 --- The South Shore Chamber of Commerce and Sea Sports of Cape Cod are the most recent employers to join the MassWorks program, the state's new employer-assisted mortgage program.

Foreclosure help: Agencies that help homeowners with their loans BOSTON, Oct. 9, 2008 --- The recent wave of foreclosures has caused a spike in inquiries from homeowners looking for help. The following is a partial list of where homeowners can go for help.