HUD Secretary announces disaster assistance for Maine storm victims

Foreclosure protection offered to displaced families in 8 counties. WASHINGTON, DC - July 31, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 8 storm-ravaged counties in Maine and provide support to homeowners and low-income renters forced from their homes due to recent severe storms, flooding and landslides.

State Regulators Order Foreclosure Rescue Companies to Cease Doing Business in Maine

Augusta, ME - July 8, 2009 - (RealEstateRama) — State regulators today issued orders directing 15 separate foreclosure rescue companies to cease doing business with Maine consumers. The companies, all located out of state, enticed consumers with radio, television and internet advertisements promising to help the consumers avoid foreclosure but then took the consumers’ advance fees and did nothing to assist the consumers.

Bureau of Financial Institutions’ Survey Shows Home Foreclosures at Maine Banks and Credit Unions...

Foreclosures and Loan Delinquencies Continue to Trend Upward but the Number of Completed Foreclosures Declines for Second Consecutive Quarter. AUGUSTA, ME - June 11, 2009 – (RealEstateRama) — Superintendent Lloyd P. LaFountain, III announced this week that recently completed analysis by the Bureau of Financial Institutions of first quarter 2009 data submitted by Maine-chartered banks and credit unions shows a continuing modest increase in home foreclosures in Maine.

Bureau of Financial Institutions Releases Fourth Quarter 2008 Home Foreclosure Data

Professional & Financial Regulation - Financial Institutions. April 13, 2009 - (RealEstateRama) — Foreclosures and Loan Delinquencies Continue to Trend Upward but the Number of Completed and Initiated Foreclosure Proceedings Declines in Fourth Quarter

Governor Baldacci Promotes State and Federal Programs that Help Struggling Homeowners Avoid Foreclosure

AUGUSTA - Although Maine has one of the lowest foreclosure rates in the country, Governor John E. Baldacci is taking steps to protect wary...

Foreclosures increase in Maine

Maine has fewer foreclosures than other parts of the country, but subprime loans and adjustable rate mortgages have affected the real estate industry here,...


Maine Real Estate & Development Association Names New President and Announces...

Paul Peck, attorney at Drummond & Drummond and real estate developer with LWS Development LLC is the new president of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers. Founded in 1985, MEREDA promotes responsible development and ownership of real estate in Maine through legislative advocacy, educational programs and professional networking opportunities.


April is National Safe Digging Month – Contractors and Homeowners Urged...

As the agency charged with enforcing safe digging practices in Maine, the Maine Public Utilities Commission (“Commission”) is urging all those who dig to take advantage of the resources available in Maine that will help avoid costly and dangerous damage to underground utility facilities