Servicing

Worcester opts out of foreclosure mediation

The city of Worcester, Mass., is standing firm on its original decision not to establish a mandatory mediation program for foreclosures involving local owner-occupied homes.  Per the Worcester Telegram & Gazette:

City Manager Michael O'Brien said while foreclosures remain a troubling issue in Worcester, he does not believe the city is in a position at this time to legally or financially adopt or implement a local foreclosure mediation program. 

He said he also does not believe that a local program would accomplish the aims of the various partners to protect residents from the possibility of predatory foreclosures. 

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