‘We want people to stay in their homes’: Mortgage lenders don’t expect a flood of foreclosures when moratorium ends

At Greenfield Savings Bank, about 20% of mortgage customers are in deferral, said President John H. Howland.

These are people who have told the bank they’ve suffered an economic loss from the coronavirus pandemic.

“It allows people to not make payments,” he said. “It basically goes on the back end of the mortgage.”

But now those deferrals of 30, 60 or 90 days are ending just as the statewide moratorium on mortgage foreclosures is set to end Saturday. A moratorium on residential evictions is also expected to sunset.

All are measures meant to soften the blow and guide households through COVID-19. But even with the moratoriums ending, local mortgage lenders don’t expect a rush of foreclosures to come sweeping through the system, as they did in the 2008-09 recession.

“We don’t know what is going to happen when the deferral period ends and people start payments,” Howland said. “We want

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Mayor Walsh says city trying to help residents facing eviction stay in their homes

Walsh also addressed reports of a video of a Black jogger stopped by men sporting ICE badges on the VFW Parkway in West Roxbury.

“It was a disturbing video to watch. It was unacceptable in so many ways,” said Walsh. He said ICE has “not confirmed or denied” whether their agents were in Boston, and that he spoke with the jogger Wednesday morning depicted in the video.

“Incidents like this have no place in our city” or nation, Walsh said, adding that he’s reached out to Boston police with a request that they contact federal authorities to see what’s happening.

“Clearly he was shaken up yesterday,” Walsh said of the jogger. “It’s still unclear why this happened.”

Walsh was joined at the news conference by city Health and Human Services chief Marty Martinez, who reported that the rate of positive coronavirus tests has crept up to a level the city

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