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“Moratorium on Certain Foreclosures in Massachusetts”

Governor Deval Patrick has initiated a moratorium on some foreclosures in Massachusetts. He has ordered state banking regulators to seek delays in foreclosure of up to two months for homeowners who have filed complaints with the Division of Banks.

May 2007

Governor Deval Patrick has initiated a moratorium on some foreclosures in Massachusetts. He has ordered state banking regulators to seek delays in foreclosure of up to two months for homeowners who have filed complaints with the Division of Banks. While this does not appear mandatory, it is unlikely that state regulators would have their requests for delays denied by lenders.


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