Foreclosure petitions decrease by 55 percent in August when compared to August 2011.
The overall foreclosure numbers for the commonwealth improved in August to the lowest level of the year so far and there was also some good news for Braintree. August was the third consecutive month of year-over-year foreclosure deed decreases in Massachusetts, as well as the fewest number of completed foreclosures in any month since February 2011. However, foreclosure deeds year over year have increased by 8.4 percent in the commonwealth, according to The Warren Group, publisher of Banker & Tradesman. "Fewer foreclosures were completed in recent months, which may indicate a greater effort from lenders to find loan alternatives," said Banker & Tradesman Editor Cory S. Hopkins. "As banks continue to return to more normal foreclosure …
Sen. John Keenan talks about the busy formal session that ended over the summer, including issues such as Melissa's bill, pension reform and human trafficking.
Monday, September 17, 2012
The following is from Sen. John Keenan, D-Quincy: Health care costs. Welfare fraud. Human trafficking. Pension reform. These are just some of the important issues addressed by the Legislature this session. As a freshman state senator, I believe the session that ended on July 31 was overall a productive one. Some issues grab more headlines than others. Our debates over casino legislation, for example, drew significantly more attention than the fact we sent a record amount of state aid back to our cities and towns, or that Massachusetts was just one of four states nationally to receive an improved bond rating. In addition, we eliminated parole for habitual violent offenders, addressed illegal foreclosures and auto repair rules, revamped …