I’ve been reporting foreclosure information from the Suffolk Deeds website for several months, now.
My opinion, at this point?
Many of those going into foreclosure have loans that haven’t yet “reset” … loans taken out in 2006 that are still at the original “teaser” rates.
Nonetheless, these people have been unable to keep up with their payments, from the very beginning.
Did they ever expect to be able to? Did their lenders?
The following 9 foreclosure deeds were reported on the Suffolk Deeds website last week as having occurred in the City of Boston.
As well, The Warren Group is reporting separately that 95 foreclosures were reported in all of Suffolk County, last week.
Address, mortgage date, loan amount
57 Bennington Street #4, East Boston, 2006, $176,024.92
80 Draper Street #2, Dorchester, 2006, $169,576.69
410 Hyde Park Ave, Roslindale, 2004, $423,877.29
39 Harrison St #12B, Roslindale, 2006, $289,921.00
15 Hillburn Place, Roslindale, 2006, $247,000.00
51 G Street, South Boston, 2006, $550,000.00
15 Langdon St, Roxbury, 2004, $400,005.00
52 Evans Street, Dorchester, 2006, $374,614.45
24 Mallet Street, Dorchester, 2006, $383,191.03
( ** Note bene: the address should be accurate; however, the dollar figure may be inaccurate – the borrower may have made partial payments, there may have been additional loans, and/or the data entered into the registry may be incorrect. Also, the bank may have added penalties, interest, and fees to the outstanding loan balance. I tried to be accurate. **)
Source: Suffolk County Registry of Deeds
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