We’re sour, that way
So, the Patrick Deval administration came out with a plan this week to assist homeowners facing foreclosure. The plan, if approved, would help homeowners refinance their mortgage loans. The loans would only be available to those with loans less than 60-days past due,...Loan workouts: for many, it’s just delaying the inevitable
It sounds as if it’s a good idea. If you are a loan servicer and some of your borrowers are having trouble making a payment on their mortgage loans, why not try to work out a deal? It costs less than going through all the steps necessary to foreclose on their...Properties auctioned at foreclosure jump in May
Foreclosure auction announcements in Massachusetts nearly tripled in May compared with year-before numbers, according to a release Tuesday from The Warren Group. There were 1,589 announcements of foreclosure auctions in Massachusetts in May compared with 654 in May...Foreclosures skyrocket, but reasons are varied
Foreclosures have hit new highs, this year. While that news fits nicely into a headline, if you drill down, you learn a lot more. [The Mortgage Bankers Association’s] Chief Economist Doug Duncan predicts that delinquencies would continue to rise, peaking later...Condo Listings by Neighborhood
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