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Foreclosure Monitor: New law may be cause of big distress dip

BOSTON, May 31, 2013 --- A 2012 law that requires banks to notify borrowers of their rights to pursue a loan modification before foreclosing may be a factor in the precipitous...

New law may be reason why foreclosures down sharply

BOSTON, May 31, 2013 --- A 2012 law that requires banks to notify borrowers of their rights to pursue a loan modification before foreclosing may be a factor in the precipitous...


Vision

MHP champions new financing tools and new local strategies for the development of affordable housing in Massachusetts --- and backs that commitment with a billion dollar bank loan fund that's the only one of its kind in the U.S.

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MHP honors 3 as housing heroes

DEVENS, Ma., June 14, 2013 --- A mayor, a community volunteer and an executive director of a suburban housing authority were honored this week with Housing Hero...

Reminder: Sign up for Housing Institute

DEVENS, May 14, 2013 -- Top housing experts will facilitate and bring "real world" experience to MHP's seventh annual Housing Institute, June 12-13 at the Devens...

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Community Initiatives

MHP's Community Housing Initiatives team (CHI) supports communities, local officials, local housing authorities and developers in their efforts to create affordable housing for low and moderate-income families.

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Another milestone for Chelsea's Box District neighborhood

CHELSEA, May 10, 2013 --- Every time the new Box District Neighborhood marks another milestone, Chelsea City Manager Jay Ash tells the story about when he was a boy...

North Shore CDC, YMCA combine to remake Beverly neighborhood

BEVERLY, May 3, 2013 --- Another chapter in the continued revitalization of Beverly's Gloucester Crossing neighborhood was marked recently as state and local officials...

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Rental Financing

MHP helps developers of affordable rental housing by providing long-term, fixed-rate financing at competitive interest rates. MHP financing can be used for new construction, acquisition, acquisition and rehab, and for the refinancing of existing debt.

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Sovereign honored for helping first-time buyers in Lawrence, MV

LAWRENCE, Dec. 19, 2012 ---MHP's SoftSecond Loan Program has honored Sovereign Bank with a HomeSafe Award for its outstanding success making loans to...

Blue Hills honored for helping Boston first-time homebuyers

BOSTON, Dec. 5, 2012 --- MHP's SoftSecond Loan Program has honored Blue Hills Bank with a 2012 HomeSafe Award for its outstanding success making loans to first-time...

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Homeownership

Homebuyers can get a fix on their future, while banks and homeownership developers can serve their customers best with SoftSecond, the state's most successful mortgage program for low and moderate- income first-time homebuyers.

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