Items Tagged with 'Jeremy Shapiro'

ARTICLES

  • Foreclosures Build Up Backlog in Massachusetts

    Massachusetts attorney general Martha Coakley must be so proud -- lenders in Massachusetts only filed 351 foreclosure petitions during June 2008, thanks to a statewide law that has added 60 days to default timelines by establishing a 90-day "right to cure" after a borrower defaults in single-family, owner-occupied residences. The law, which went into effect during April, has suppressed foreclosure actions for two straight months.
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  • Bay State Foreclosures Nearly Double in February

    A new report shows that foreclosure filings in Massachusetts continue to escalate at a record-setting pace, reaching a new high in February. According to ForeclosuresMass.com, 2,227 foreclosures were initiated statewide during February 2007, 85 percent more than the number recorded in February 2006. Over the past 12 months, lenders initiated foreclosure proceedings against 21,644 homeowners, representing an 82 percent increase over the same period a year earlier.
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  • Mass Foreclosures Hitting the Bay State

    Foreclosure filings in Massachusetts continued to escalate at a record-setting pace, reaching a new high water-mark in January. According to a report released today by ForeclosuresMass.com, 2,207 foreclosures were initiated statewide during January 2007, more than double the number recorded in January 2006. Lenders have initiated foreclosure proceedings against 20,618 homeowners over the past 12 months, representing a 77 percent increase over the same period a year earlier, the report said.
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