MassHousing’s Accomplishments. When you look at the 2015, MassHousing aided over step 3,000 lowest- and you can modest-income group buy or re-finance a home in the condition. 1 million within the portfolio at the time of , the brand new delinquency speed for everybody regarding MassHousing’s solitary-home money is step 3.2 %. 55 Actually into the foreclosures crisis, MassHousing’s solitary-house mortgage delinquency speed try 4.cuatro per cent at the end of financial year 2011 compared with FHA’s ten.1 percent delinquency speed from inside the exact same months. 56 Milewski characteristics MassHousing’s reasonable standard rates to to avoid unsustainable financial practices in addition to excesses of your construction drama. Especially, he notes one to MassHousing’s money was totally reported 29-year, fixed-speed loans to have owner-filled home. Borrowers getting lower than 10 percent off done a great rather extensive homebuyer counseling system, claims Milewski, that will help ready yourself them for managing and you can remaining a home. MassHousing has also created good matchmaking with its local loan providers and you will counseling providers. Czytaj więcej