foreclosure
The chief executive of the Corcoran Jennison Companies (CJ) says his company remains committed to advancing its development plans on Columbia Point, despite the loss of control over the 20-acre Bayside Expo Center.
In an interview last week in his fifth-... Read more
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... Read more
Although times are tough and budgets tight, the Land Court can't seem to make a call in the city's largest property tax scofflaw case, which has now dragged on for almost five years.
Maxwell Products Corporation and owner Hal Cohen owe well over $1.6... Read more
Those on the frontlines of the foreclosure crisis locally are saying many who struggle to make their mortgage payments in the neighborhood may not be helped by President Barack Obama's new Homeowner Affordability and Stability Plan, announced last week.
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So far, outside of a few hotspots like Hendry Street, the blight of the foreclosure crisis in Dorchester has been restricted to the occasional boarded up house or messy lawn. But Vivian Girard of Fields Corner's Five Streets Civic Association is seeing... Read more
The mortgage troubles plaguing multi-family housing in parts of Boston are putting new strain on belief in the benefits of greater access to home ownership.
In a policy discussion paper on subprime lending and multi-family housing released on the last day... Read more
Tenant activists took to the streets Saturday in front of the Bank of America's Fields Corner branch: The group was protesting the bank's evictions of tenants in foreclosed properties. Photo by Chris Lovett.
Federally-backed mortgage giants Fannie Mae and... Read more
The number of American homeowners dragged into the housing crisis fell last month to the lowest level since June as new state laws lengthened the foreclosure process, RealtyTrac reported last Thursday.
"We're going to have a pretty significant spike in... Read more
On the Roxbury-Dorchester border around Quincy and Dacia streets, the battle to stem blight caused by foreclosed and empty properties has begun. Nuestra Community Development Corporation acquired its first foreclosed three-decker at 21 Dacia, just inside... Read more
Boston's community development corporations (CDCs) were on the forefront of rejuvenating city neighborhoods in the 1970s, 80s, and 90s, and the push is on to innovate new tactics to address the foreclosure crisis.
Dorchester and Mattapan's CDCs are... Read more
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