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The news has blossomed recently on the ongoing “mortgage mess”  — and there’s plenty of related news at the same time:

  • Atty. Gen. Martha Coakley is asking for a state-wide moratorium on foreclosures
  • Other state attorneys general are doing the same
  • Mass. is getting $61 million as part of the new Dodd-Frank bill to help unemployed homeowners with $50K interest-free loans.
  • In Congress, lawmakers are pressuring the Justice Dept. to look into banks’ foreclosure practices

So what do you think? Is this election year hijinks? Or real trouble for banks/lenders? How do you think it will affect local real estate trends? Let me know.

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