Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
W S
Servicing / The Ticker

Massachusetts forclosure activity drops 60%

/ Print / Reprints /
| Share More
/ Text Size+

Massachusetts foreclosure activity fell in November -- another sign of the brightening housing market -- as fewer struggling homeowners went into foreclosure and lost their properties to lenders, according to new data released Wednesday.

There were 295 completed foreclosure filed in November, 2012, a decline of almost 60 percent from November 2011, according to the Warren Group, a Boston company that tracks local real estate.

Foreclosure initiations, the first step in the seizure process, also fell in November, dropping to 983, a 3 percent decline from the same time in 2011, according to the Warren Group.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus