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"Trying to Avoid Foreclosure"
WBUR - May 13, 2008
More than 9,000 homes around Massachusetts have gone into foreclosure so far this year. That's 38% more than the same period a year ago, and according to foreclosuresmass.com, the trend has spread to three quarters of the state's communities.
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"Foreclosure filings keep rising in Commonwealth"
Boston Globe - May 8, 2008
In the first quarter, "Things have gotten worse," said Jeremy Shapiro, president of ForeclosuresMass.com. His firm blamed subprime and exotic mortgages with adjustable rates.
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"Boston Herald - Foreclosure surge hits toney towns"
Boston Herald - May 8, 2008
“The foreclosure crisis really has no boundaries in Massachusetts,” said Jeremy Shapiro, president and co-founder of ForeclosuresMass.com. “Communities rich and poor, urban and suburban and rural are all being impacted.”
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"Foreclosures rise"
Worcester Telegram & Gazette - May 8, 2008
For the third consecutive quarter, foreclosure actions have set a record in Massachusetts, according to a report from ForeclosuresMass.com.
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"Mass. Foreclosure Activity Continues to Surge"
Boston Globe - May 7, 2008
Foreclosure activity in Massachusetts set a record “Despite all of the attention being given to the foreclosure issue, nothing has changed. In fact, things have gotten worse,” ForeclosuresMass.com said today.
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"ForeclosuresMass.com Q1 2008 Report: Massachusetts Foreclosures Break Another Record"
Centre Daily - May 7, 2008
ForeclosuresMass.com,revealed that Massachusetts foreclosure rates continue to hit new record levels with each passing month.
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"Boston.com - United Ways look to at-risk homeowners"
Boston Globe - May 7, 2008
ForeclosuresMass.com reported that foreclosure activity in the Bay State surged 38 percent during the first quarter as home owners grappled with resetting adjustable-rate mortgages, sub-prime lows, declining home values, and rising energy prices.
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"Foreclosures continue to skyrocket in Mass."
Boston Business Journal - May 7, 2008
The state saw 9,114 new properties enter foreclosures, up almost 38 percent over a year ago and the third record-breaking quarter in a row, according to data provider ForeclosuresMass.com.
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"New Foreclosures Set Record in Massachusetts"
Housing Wire - May 7, 2008
Foreclosure rates in Massachusetts continued to hit new record levels during the first quarter, a report from statewide foreclosure data provider ForeclosuresMass.com said on Wednesday.
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"Mass. Foreclosures Hit Another Record High"
Worcester Business Journal - May 7, 2008
In the first quarter of 2008, Massachusetts saw the highest number of foreclosure filings on record, ForeclosuresMass.com reports.
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"Things are getting worse, not better"
DSNews.Com - May 7, 2008
ForeclosuresMass.com, a company that offers the latest data on foreclosures in the Bay State, released a report Wednesday, saying lenders filed some type of foreclosure-related activity against 9,114 Massachusetts properties.
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"ForeclosuresMass.com Q1 2008 Report"
Yahoo Finance - May 7, 2008
ForeclosuresMass.com, the leading provider of Massachusetts foreclosure data for investors, real estate professionals and mortgage brokers, released its latest Massachusetts Market Analysis Report today.
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"Kerry Amendment Targets Mortgage Crisis"
iBerkshires.com - April 4, 2008
ForeclosuresMass.com reported that foreclosures are up in 282 of the state's 351 communities; at least 74 communities had a 75 percent increase. The record rate of foreclosures is expected to keep rising this year.
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"State to provide $2M for foreclosure prevention"
Boston Business Journal - April 3, 2008
In the last year, mortgage banks initiated foreclosure proceedings on 31,516 homes in Massachusetts, up 45.6 percent over the same period a year ago, according to a report by ForeclosuresMass.com.
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"Trolling for treasures in foreclosure wreckage"
Boston Globe - April 3, 2008
This year promises to be even worse; in the last 60 days, the town has seen 64 foreclosures, making it the eighth hardest-hit community in the state over the last couple of months, the company reported on its website, foreclosuresmass.com.
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"Bills may stem record levels of foreclosures"
Worcester Telegram & Gazette - March 30, 2008
A forecast from Foreclosuresmass.com indicated that record levels of foreclosures will unfold around the state through the rest of this year.
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"2008 could be even worse for local foreclosures"
Boston Globe - March 27, 2008
Home foreclosures in Massachusetts are estimated to increase by at least 15 to 25 percent above the historic highs reached in 2007, ForeclosuresMass.com reported today.
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"Report: Home foreclosures in Mass. highest in state history"
Boston Business Journal - March 27, 2008
The fourth quarter of 2007 saw the highest number of foreclosures in state history, according to a report issued Thursday by ForeclosuresMass.com. In the past 12 months, foreclosures are up in 282 of the state's 351 communities.
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"Lantigua, others seek six-month moratorium on foreclosures"
The Eagle Tribune - March 25, 2008
Foreclosures rose 65 percent in Essex County in 2007, according to ForeclosuresMass.com. Rising interest rates on sub prime loans helped trigger the foreclosure crisis. The loans came with adjustable rates, which homeowners could not afford.
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"Someone's Loss Was His Gain"
Boston Globe - March 16, 2008
The rash of foreclosures has caused misery for those forced out of their homes. But it's also provided opportunity for buyers like Ed Gilman looking for a deal.
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"Foreclosures R Us"
Worcester Business Journal - February 18, 2008
ForeclosuresMass has grown and expanded its focus. Today, the company is part listing service, part education provider and part networking group for real estate agents, mortgage providers and real estate investors.
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