7th
February
2008
Foreclosure prevention group in the news
Posted by Jackie on February 7, 2008
posted in In the News, Local Groups, Money Matters |
Today’s Globe has an interesting article about the Lowell Foreclosure Prevention Task Force, a group co-chaired by Frank Carvalho of Enterprise Bank and City Councilor Jim Milinazzo. According to the article, “Lowell saw the largest number of foreclosures in 2007” (270 homes lost compared to 89 in 2006), and the task force has been working for more than a year to help homeowners refinance with reputable lenders or find other alternatives. Two groups actively involved in the effort are the Coalition for a Better Acre and Community Teamwork Inc. If you are a Lowell homeowner facing mortgage payment difficulties, call 888-995-HOPE to learn more about the program.