State officials, lenders meet on foreclosures
June 27, 2007 08:49 PM
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The Patrick administration’s top housing officials met with nine mortgage lenders today about the foreclosure crisis.
Kofi Jones, spokeswoman for the Executive Office of Housing and Economic Development, called the 90-minute meeting a preliminary discussion of what the state and lenders can do to help ‘‘keep people in their homes.’’
A series of meetings is planned.
The nine lenders account for a significant share of the state’s residential mortgage market, Jones said.
Represented were Washington Mutual, Wells Fargo & Co.; Option One Mortgage; JPMorgan Chase; HSBC Finance; Countrywide Financial; CitiBank; Bank of New York; and GMAC’s Residential Capital subsidiary.
(By Robert Gavin, Globe staff)







