Journal Article

Massachusetts mortgage summit issues recommendations


Abstract: In April 2007, the Massachusetts Division of Banks reported on the recommendations of its mortgage summit. The summit brought together a wide range of stakeholders to develop concrete responses to the problem of rising foreclosures. This article describes the collaborative process used in the mortgage summit and the recommendations issued. These recommendations illustrate a number of possible remedies to limit foreclosures and their impact on consumers and communities.

Keywords: Foreclosure - Massachusetts; Mortgage loans - Massachusetts;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: New England Community Developments

Publication Date: 2007

Pages: 1-7

Order Number: 3