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Foreclosures Through The Roof
By David Boeri

Listen to story (Real Audio)

A new report from "ForeclosuresMass.com" finds foreclosure filings have hit a record high across the Bay State.
A new report from "ForeclosuresMass.com" finds foreclosure filings have hit a record high across the Bay State.
BOSTON, Mass. - February 27, 2007 - In a case of bad news turning worse, foreclosure filings against Massachusetts' homeowners have hit their highest monthly total on record.

According to a new report from Foreclosures Mass Dot Com this morning, lenders started proceedings on 22-hundred and seven properties last month. That's double the number for January last year.

The latest figures follow the Framingham company's records for 2006, which show a 77 percent rise in the rate of foreclosures across the Bay State.

WBUR's David Boeri visits some foreclosed homes to find out what's going on.



RELATED LINKS


Click here to see the January report from Foreclosures Mass.




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