Foreclosure filings in Massachusetts ran more than a third higher through October than in the comparable period of last year, according to ForeclosuresMass, Framingham, Mass.Statewide foreclosures were 35.1% higher in the January-October period than the level recorded in the same months of 2004, the online data provider reported. "The dramatic increase in foreclosure activity in Massachusetts is continuing unabated," said Jeremy Shapiro, president and co-founder of ForeclosuresMass. Mr. Shapiro said the high foreclosure rate is expected to continue "into the foreseeable future." The company can be found online at http://www.foreclosuresmass.com.
-
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25