Warren Group: Foreclosures up in Mass.

BOSTON – The Warren Group reported an increase in foreclosure petitions in Massachusetts in May, a 53 percent climb over the same period last year.
This is the 15th consecutive month of increases in foreclosure petition filings, according to The Warren Group, publisher of Banker & Tradesman.
Lenders filed 878 petitions to foreclose in May in the Bay State, compared to 573 filed during the same month in 2014.
The petitions are the first step in the foreclosure process.

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