Bay State Foreclosure Petitions Drop In January (Banker & Tradesman) – March 2, 2010

The number of foreclosures started by lenders in Massachusetts during the month of January dropped to the lowest level in more than a year, according to a new report by The Warren Group, publisher of Banker & Tradesman.

Lenders filed 1,874 petitions to foreclose – which mark the first step in the foreclosure process in Massachusetts – in January, a 9 percent decrease from 2,060 in December and 4.4 percent drop from a year earlier. Foreclosure petitions exceeded 2,000 for most months in 2009, falling below that number only in January and November.

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August Bay State Foreclosure Petitions Reach Highest Level In A Year (Banker & Tradesman) – September 23, 2010

Foreclosure petitions reached the highest number in more than a year in August, while foreclosure deeds increased for the eighth straight month in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman.

Foreclosure petitions – the first step in the foreclosure process in Massachusetts – jumped to 2,713 in August, a 13.23 percent increase from a year ago, when there were 2,396 starts. Foreclosure petitions were also up in August from the 2,307 starts recorded a month ago. A total of 18,358 foreclosure petitions have been recorded so far this year, a slight decrease from the 19,108 recorded during the same period in 2009.

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