July 29, 2008

MEFA not lending at all this year; video explains what’s going on

Posted in Misc at 1:22 PM by Joe From Boston

If you live in Massachusetts, you’ve probably heard by now that MEFA will not be lendings at all this year.  A few months back they announced that they would not be able to lend Federal loans, but expected to sell Private loans.  Unfortunately, that has fallen through as well.

My co-worker Chris appeared last night on the local Boston PBS affiliate, WGBH, to explain why this is happening.

Take a look!


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