July 24th, 2009 by roostblog in Foreclosure
With all the bad news in the real estate market today, there’s a ray of hope shining in Massachusetts.
While the number of foreclosure petitions filed is rising, finalized mortgage foreclosures are declining across the state.
Statistics compiled by the Boston-based Warren Group, a provider of real-estate data, revealed that so far this year, 385 foreclosures have been finalized in Massachusetts. That’s down from the 582 completed this time last year. In June of this year, a total of 41.67 [...]
April 13th, 2009 by roostblog in Foreclosure
As if the economy isn’t bad enough and homeowners don’t need to worry about keeping their job and a roof over their head. Now it’s being reported in the Boston Globe that scammers are preying on resident of Massachusetts that were facing possible foreclosure on their homes.
Apparently four defendants are involved in the scam in which they offered to help homeowners negotiate loan modification if they were paid as much as $2000 up front. The complaint claims the company [...]
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