Archives
State’s Home Foreclosure Prevention Program Expands
Aroostook County Housing Counselor Added to Program
AUGUSTA, ME - March 18, 2010 - (RealEstateRama) -- The Bureau of Consumer Credit Protection signed a contract this month with Aroostook County Action Program (ACAP), increasing the number of housing counselors serving Maine homeowners. This contract adds another certified housing counseling service to the seven non-profit agencies currently under contract around the State
Attorney General Janet T. Mills Urges Homeowners to Be Careful When Choosing a Home...
March 9, 2010 - (RealEstateRama) -- Attorney General Janet T. Mills warns homeowners to be careful when choosing a contractor to repair damage from recent storms. “After storms and other natural disasters, some home improvement contractors aggressively market their services to the elderly and other potentially vulnerable consumers to repair their homes,” said Attorney General Mills. “While most contractors in Maine are reputable and treat their customers fairly, some do not. Consumers should wait, check around and get written estimates before hiring a contractor do to home repairs."
State Takes Action to Protect Consumers from Unlicensed Debt Management and Mortgage Modification Company
February 15, 2010 - (RealEstateRama) -- Following an investigation by Maine’s Bureau of Consumer Credit Protection and the Attorney General’s Office, State officials have taken legal action against a Massachusetts-based debt management company. The State alleged that 123 Fix My Loan, LLC was not licensed to operate in Maine nor properly bonded and therefore acting illegally
The York County Pilot Project Of The Foreclosure Diversion Program Will Hold Informational Session...
September 21, 2009 - (RealEstateRama) -- Chief Justice Leigh I. Saufley announced that on September 23, 2009 the York County Pilot Project of the Foreclosure Diversion Program will hold its first informational session for homeowners facing mortgage foreclosure. The York County Pilot Project and the Foreclosure Diversion Program are the result of the recently enacted P.L. 2009, ch. 402, An Act To Preserve Home Ownership and Stabilize the Economy by Preventing Unnecessary Foreclosures. In accordance with the new law, the Supreme Judicial Court will establish a statewide program to provide mediation services in certain residential foreclosure actions in Maine. Although the Act requires that the mediation program be available statewide in 2010, the Court launched the Pilot Project on August 3, 2009, in York County to gain a better understanding before the Diversion Program is offered throughout the State. This first informational session will be held at the District Court in Springvale
MaineHousing will use Trust money to expand weatherization efforts
AUGUSTA, ME - January 20, 2009 - (RealEstateRama) — "I am very pleased the Energy and Carbon Savings Trust decided to award us $500,000 to expand our efforts to make homes of low-income Maine residents more energy efficient," MaineHousing Director Dale McCormick said in a statement today.
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...
Tough Real Estate Market Has Many Homeowners Looking For Renters
BANGOR (NEWS CENTER) -- Drive through any community in Maine and you'll see a lot of "For Sale" signs. Many properties are not selling,...
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,...