There were no foreclosure deeds, which represent completed foreclosures, recorded in Melrose during January, while there were three in January 2012. In January, there were 292 foreclosure deeds filed statewide, a 63 percent decrease from 799 deeds recorded in January 2012, reads the statement, reports the Melrose Patch.
Melrose foreclosures decreased in January
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NAR settlement terms slated to go into effect in mid-August
In a letter to members on Friday, NAR chief legal officer Katie Johnson outlined the policy changes that are coming into effect in August.