Yearly Archives: 2014

New Law Will Improve Foreclosure Process in Maine

Maine Attorney General Janet T. Mills applauds the enactment of Maine’s new law to improve the foreclosure process in Maine.

Collins, King Work to Ensure Continued Access to Affordable Housing

U.S. Senators Susan Collins and Angus King today released a letter that they wrote to U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan urging the implementation of regulatory and administrative relief measures for public housing authorities (PHAs) in Maine and across the country. In addition, the Senators also released HUD’s response, which praises their suggestions and outlines relief measures that have already been adopted to help PHAs maximize funds and manage their programs

State’s Bureau of Consumer Credit Protection Issues Comprehensive Home Mortgage Guide

Maine’s Bureau of Consumer Credit Protection, an agency within the Department of Professional and Financial Regulation, announces the release of a new, comprehensive mortgage guide, titled The Downeaster Common Sense Guide to Finding, Buying and Keeping Your Maine Home. Free to Maine residents, this 32-page booklet provides information for those contemplating the purchase and financing of a home. Covered topics include

Maine Ranks Among the Most Affordable in the Nation for Personal Auto and Homeowners...

Governor Paul R. LePage joined Insurance Superintendent Eric Cioppa on Wednesday in announcing that Maine ranks among the very best states for most affordable homeowners and personal auto insurance rates. In making the announcement, Governor LePage and Superintendent Cioppa noted that the National Association of Insurance Commissioners (NAIC) recently released two reports showing Maine’s average premium for both personal auto and homeowners as the most affordable in New England and among the lowest in the country

MaineHousing, City of Portland clarify HUD’s homeless numbers

The U.S. Department of Housing and Urban Development recently announced that Maine experienced a dramatic 26% increase in homelessness, but that number included not only people who were homeless but people who had moved into transitional or independence-modeled housing. The real percentage of people who were homeless during the survey period was 11%.

New England Governors Ask for Infrastructure to Deliver More Electricity, More Natural Gas

New England’s governors are seeking to develop transmission infrastructure that can deliver clean energy into the region’s electric system and expand pipeline capacity that will bring more natural gas to New England.


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.


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