June
25
2015
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June
25
2015
BOSTON, June 3, 2013 --- A 2012 law that requires banks to notify borrowers of their rights to pursue a loan modification before foreclosing may be a factor in the precipitous drop in foreclosures in the first quarter of 2013.
June
25
2015
BOSTON, Feb. 20, 2013 --- While many key indicators show that the housing market is recovering, Foreclosure Monitor's quarterly analysis of foreclosures at the community and neighborhood level indicates what areas are still suffering from property distress.
June
25
2015
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
BOSTON, Nov. 16, 2012 --- While Foreclosure Monitor's quarterly review shows a slowdown in distressed properties, there are still several pockets of concern in cities like Brockton and Springfield as well as certain communities on the South Shore and Worcester County.
June
25
2015
BOSTON, August 23, 2012 --- After months in which lenders have struggled to work through the backlog of properties in default, there are signs that foreclosure activity is picking up and that the real estate market may be inching closer to recovery.