MA Foreclosures Over 2K for 8th Straight Month

Foreclosure filings in Massachusetts totaled 2,136 in May, the eighth consecutive month in which they have exceeded 2,000, according to ForeclosuresMass.com, a provider of foreclosure data based in Framingham, Mass.The company said lenders initiated foreclosure proceedings against 23,638 homeowners over the past 12 months, a 74% increase from the 12-month level recorded a year earlier. "May continues to be a record month for foreclosures affecting Massachusetts homeowners, and the trends suggest that we may continue experiencing these [historic] numbers throughout 2007," said Jeremy Shapiro, president and co-founder of ForeclosuresMass.com. The company can be found online at http://www.foreclosuresmass.com.

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