How to put this delicately? Well, you can’t. So let’s just say it: Foreclosures in Massachusetts were up last month by 55 percent, according to the Warren Group.
It’s not an encouraging figure.
However, the jump is particularly big because many foreclosure filings were delayed last year due to the robo-signing scandal and talks between lenders and government agencies about some sort of nationwide mortgage settlement. An increase of some type this year was expected.
But, still, a 55 percent increase is still big and somewhat shocking in size.
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