Dorchester Bay launches foreclosure prevention push
Dorchester Bay Economic Development Corporation (EDC) is teaming up with the national HomeFree-USA to prevent home foreclosure in local neighborhoods. Homeowners are asked to call 617-825-2213, 617-825-0561, or toll-free 888-701-5001 to receive additional information and begin free foreclosure intervention services.
â€œWe are launching a â€˜Foreclosure Interventionâ€™ campaign in Metro-Boston during the month of June 2009. Our goal is to assist 1,000 homeowners during this time,â€ said Jeanne DuBois, executive director of Dorchester Bay EDC.
HomeFree-USA, homefreeusa.org), is a HUD-approved, nonprofit homeownership counseling organization. The two agencies say they â€œwill work with homeowners who have either stopped making mortgage payments or are currently making payments that they know are unsustainable (i.e., ARM loans with sharp increases in monthly payments).â€
For more information, contact Lorraine Grubbs, Foreclosure Intervention Specialist, Dorchester Bay EDC 617-825-4200 X226, firstname.lastname@example.org.