Mass. Foreclosures down 59% in May
Foreclosure deeds filed in Massachusetts in May dropped 58.6 percent from the previous year, although foreclosure petitions — the first step in commencing foreclosure proceedings — rose sharply, according to The Warren Group.
Deeds filed in May were also 24.3 percent below April’s count and, year-to-date, were 26.3 percent below the first five months of 2008. [...]



