Thursday, August 27, 2009

The Passing of Senator Edward M. Kennedy

The Worcester District Registry of Deeds would like to extend our sincere condolences to the family of Senator Edward M. Kennedy. We thank him for his many years of public service and are grateful for the time he was with us. May he rest in Peace.

To find more information about the arrangements or to offer condolences to his family, please visit www.TedKennedy.org

Friday, August 14, 2009

Fed Holds Interest Rates at Record Low

The Federal Reserve Open Market Committee announced Wednesday that they will be holding the federal funds rate at the same level, 0.25%. This means that the bank prime rate used to peg rates on home equity loans, certain credit cards and other consumer loans will remain around 3.25%. Experts suggest that this indicates that the recession may be ending.

Friday, August 7, 2009

Electronic Recording Coming to the Worcester Registry of Deeds!

The Worcester District Registry of Deeds has received approval and funding to begin a state of the art electronic recording program. This is news that the registry and many of our customers have been awaiting anxiously. We here at the Worcester Registry of Deeds are committed to offering the most innovative and efficient approach to recording, and e-recording will certainly help us acheive this goal.

We look forward to working with our current records management provider, ACS to implement electronic recording. In addition to serving the Worcester Registry of Deeds, our system will be designed to serve as the future state-wide portal as e-recording as this technology continues to expand to other registries across the Commonwealth. This type of system should encourage uniformity in standards and help eliminate the need of costly third party e-recording vendors. We will continue to update the blog with ongoing coverage of the implementation of e-recording in Worcester.