Thursday, July 29, 2010

Mass Anti-Foreclosure Bill Goes to the Governor

The anti-foreclosure bill, H4595, which I discussed in my post this Tuesday, did pass the House this week.  The Senate did a quick notice that it will accept the House version and thus the bill moves to the governor's desk for signature. Governor Patrick is expected to sign the bill, as he's also a supporter. 

This is great news for Massachusetts homeowners and tenants.  And, as I said on Tuesday, it's also good for banks/lenders and the overall communities.  A win-win all around, we just wonder why it had to take such strong public pressure to get the bill moved to the House floor for a vote.

Let's take 5 minutes to celebrate and then move on to the next issue, because we know there's always something else around the corner!

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