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Thursday, January 21, 2010

More Bay State Homeowners Face Foreclosure In 2009, But Fewer Lose Their Homes

Foreclosure Petitions Filed By Lenders Surge 28 Percent


The Warren Group

The number of foreclosures initiated in Massachusetts jumped 28.1 percent in 2009 to 27,928 from 21,804 in 2008 but was 5.5 percent below the level in 2007, according to the latest report from The Warren Group, publisher of Banker & Tradesman.

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