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June

25

2015

3.4 - Foreclosures still down but new regs may spark uptick

Watch for lenders to resume processing now that right-to-modify guidelines are out

BOSTON, Aug. 12, 2013 --- An improving real estate market and new state regulations continue to slow foreclosure activities in Massachusetts but there are signs that lenders will pick up the pace during the second half of the year and the increase could be particularly felt in the state's so-called gateway cities.

June

25

2015

3.5 - Petitions up, still down over last year; Lawrence leads gateway rebound

BOSTON, Nov. 22, 2013 --- While an improving real estate market has fueled recent declines in foreclosures, the filing of foreclosure petitions has edged upwards in the past few months. While not nearly as numerous as a year ago, the uptick is nevertheless is a sure sign that lenders are adjusting to new foreclosure regulations enacted late in 2012, according to the latest analysis by Foreclosure Monitor.

June

25

2015

3.1 - Special report: Gauging the pace toward full recovery

Past recessions hold clues; return to norm years away, given high volume of distress

BOSTON, Jan. 15, 2013 --- Comparing the extent and pace of the 1990s real estate recession to this recession, Foreclosure Monitor estimates that we're a few years away from home prices and property distress returning to pre-recession levels, especially given that there are approximately 52,000 mortgages that are either 90 days delinquent or in some stage of the foreclosure process.

June

25

2015

3.7 - Distress down considerably from last year, but concerns linger

Boston, gateway cities see biggest declines; petitions jump 133 percent in March

BOSTON, May 16, 2014 --- Overall foreclosure distress in Massachusetts declined 56.9 percent from April 2013 to April 2014, from 8.8 units per 1,000 housing units, to 3.8 units per 1,000 housing units. With a strong 64.4 percent decline in distress, Boston has outperformed the state as a whole.