Boston Massachusetts Notice of Default and Election to Sell - Intent To Foreclose

State:
Multi-State
City:
Boston
Control #:
US-02072BG
Format:
Word; 
Rich Text
Instant download

Description

A number of states have enacted measures to facilitate greater communication between borrowers and lenders by requiring mortgage servicers to provide certain notices to defaulted borrowers prior to commencing a foreclosure action. The measures serve a dual purpose, providing more meaningful notice to borrowers of the status of their loans and slowing down the rate of foreclosures within these states. For instance, one state now requires a mortgagee to mail a homeowner a notice of intent to foreclose at least 45 days before initiating a foreclosure action on a loan. The notice must be in writing, and must detail all amounts that are past due and any itemized charges that must be paid to bring the loan current, inform the homeowner that he or she may have options as an alternative to foreclosure, and provide contact information of the servicer, HUD-approved foreclosure counseling agencies, and the state Office of Commissioner of Banks.

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One of America's most historically rich cities, the story of our nation is evident on nearly every corner in Boston. Officially founded in 1630 by English Puritans who fled to the new land to pursue religious freedom, Boston is considered by many to be the birthplace of the American Revolution.

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Top 10 Boston Foods in 2023 (& Where to Find Them) Boston Baked Beans - Union Oyster House. New England Clam Chowder - Atlantic Fish Co. Boston Cream Pie - Omni Parker House. Giambotta Pizza - Regina Pizza. Italian sub - Monica's Mercato. Frappes - Boston Burger Company. Lobster Roll - Neptune Oyster. Oysters - Row 34.

Significance: Considered the oldest public park in the United States, Boston Common played an important role in the history of conservation, landscape architecture, military and political history, and recreation in Massachusetts.

As we have explored, Boston's unique character is the result of its rich history, vibrant culture, diverse food scene, robust economy, and distinct neighborhoods. Each of these facets contributes to the city's singular identity, making it unlike any other city in the world.

Boston is famous for baseball, and the Red Sox have called Fenway Park home since the day the ballpark opened on April 20, 1912. Tour guides at Fenway Park recount the history of the park, the teams, and larger-than-life personalities that have kept Bostonians enthralled for generations.

Greater Boston was the site of the American Revolution, is home to Harvard and MIT, and was the birthplace of Dunkin Donuts and public figures such as JFK. History runs through this city's veins, although it can't all be found in your textbook.

Massachusetts Bay Colony (1628-1691 CE) was the largest English settlement in New England and the most influential both in the colonization of the region and later developments in what would become the United States of America.

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Boston Massachusetts Notice of Default and Election to Sell - Intent To Foreclose