MHP News

Homeownership news: Loan agencies broaden support for homeowners WASHINGTON, Nov. 11, 2008 --- Fannie Mae and Freddie Mac will reduce interest rates for some homeowners who are struggling to pay their mortgage.

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.

New Bedford: SoftSecond helps homebuyer buy 3-family NEW BEDFORD, Sept. 10, 2008 --- In an example of how cities can turn foreclosed and abandoned properties into assets in the community, New Bedford Mayor Scott W. Lang joined with representatives from Bank of America and MHP to congratulate first-time homebuyer Noah Griffith, who bought a rehabilitated three-family property with a SoftSecond loan.

Saint-Gobain joins employer-assisted mortgage program WORCESTER, Aug 27, 2008 --- Saint-Gobain's manufacturing and research and development operations in Worcester and Northboro is the latest employer to join MassWorks, the new employer-assisted mortgage program designed to help first-time homebuyers afford homes near to where they work.

MassWorks: 5 employers join state's new employer-assisted program WORCESTER, July 9, 2008 --- The Commonwealth of Massachusetts and MHP are teaming up with five Worcester employers to offer a new employer-assisted mortgage program designed to help first-time homebuyers afford homes near to where they work.

State legislators support more funding for first-time homebuyers BOSTON, May 30, 2008 --- Responding to the demand for safe, low-cost mortgages, legislators are spearheading an effort to increase funding for the SoftSecond Loan Program.

MHP recognizes bank for longtime support of SoftSecond BOSTON, May 15, 2008 --- The Massachusetts Housing Partnership (MHP) has recognized Bank of America for its outstanding work in helping low- and moderate-income families purchase their first home through the state's SoftSecond Loan Program.

Housing chief Brooks honors SoftSecond's 10,000th homebuyer BOSTON, May 7, 2008 --- The Patrick Administration today honored a Dorchester family, Bank of America and the City of Boston for helping the state's most affordable mortgage program achieve its 10,000th loan and for setting a record for loans in a single year while maintaining low foreclosure rates.

Governor creates loan pool to buy foreclosed properties BOSTON April 11, 2008 --- Part of Governor Deval Patrick's comprehensive economic plan is the establishment of a $20 million privately-funded acquisition pool to purchase foreclosed and vacant properties across the Commonwealth.

Web site lists affordable homeownership opportunities BOSTON, April 11, 2008 --- In addition to offering the SoftSecond Loan Program, MHP is also sponsoring a web site that helps homebuyers find a home in their price range.