The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
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New Foreclosures Set Record in Massachusetts

Foreclosure rates in Massachusetts continued to hit new record levels during the first quarter, a report from statewide foreclosure data provider ForeclosuresMass.com said on Wednesday. More than 9,000 properties entered into foreclosure during the quarter, a 37.6 percent increase over one year earlier, and the third consecutive record-breaking quarter. "Despite all of the attention being given to the foreclosure issue, nothing has changed," said Jeremy Shapiro, president and co-founder of ForeclosuresMass.com. "In fact, things have gotten worse." Foreclosures are up in 271 of the state's 351 communities, the company said, with 73 communities experiencing at least a 75 percent jump in foreclosure filings during the past 12 months. Overall, 32,349 homeowners faced foreclosure in the past 12 months, a statewide increase of nearly 45 percent. Q1 2008 saw 9,114 new foreclosure filings, the single highest quarter on record; the previous high was Q4 2007 with 8,579. For more details, visit http://www.foreclosuresmass.com.

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