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Issue of February 4, 2008 |     |
Lenders File 55 Percent More Petitions to ForecloseBy Amy Wyeth Lenders initiated 29,607 petitions to foreclose on Massachusetts properties in 2007, or 55 percent more than the 19,112 filed in Land Court the year before, according to new statistics from The Warren Group, parent company of Banker & Tradesman. Opening Arguments Heard in Affordable Housing Case By Aglaia Pikounis The state’s highest court will decide when communities can say no to affordable housing. Menino Calls for Tower Compromise By Thomas Grillo Boston Mayor Thomas M. Menino wants the two sides debating over a proposed 19-story office tower for the city’s Prudential Center to settle their differences. AG Reports Loan Servicers Doing More but Problems Growing Attorney General Martha Coakley has released the findings of a report prepared by the State Foreclosure Prevention Working Group, which includes data on loss-mitigation efforts by 13 major residential mortgage servicers. |
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