Foreclosures continue to reach new highs every month in Massachusetts, making the first quarter the highest on record for foreclosures, according to ForeclosuresMass.com, a provider of foreclosure data based in Framingham, Mass. The company said 9,114 foreclosures were recorded in the first quarter, up 38% from the level of a year earlier. "Despite all of the attention being given to the foreclosure issue, nothing has changed," said Jeremy Shapiro, president and co-founder of ForeclosuresMass. "Homeowners facing foreclosure should not wait for a miracle cure to this problem. Rather, they should seek the help of qualified professionals to help them avoid foreclosure." The company can be found online at http://www.foreclosuresmass.com.
-
The lender, which has fought the nonpayment accusations since 2020, will give over $3.8 million to over 200 past and current employees involved in the case.
July 6 -
A dividend cut is what some feel likely to be next for UWM, in order to reduce leverage levels which are well above competitors Rocket and Pennymac
July 6 -
Gen Z, whose oldest members turned just 29, represented nearly a third of all first-time home buyer loans, according to ICE's latest Mortgage Monitor report.
July 6 -
The private student loan market figures to benefit from Republican-led changes to the much larger federal program. But other consumer lenders could face a fallout as more Americans are forced to reconsider which debt payments to prioritize.
July 6 -
Recent signals indicate this could be on the horizon and potentially add new value to a Fannie Mae/Freddie Mac stock offering, a Seeking Alpha analyst wrote.
July 6 -
Three Western states rank most unaffordable compared to income, while those in Midwest and Southern states have more leeway in their budgets for homeownership.
July 6










