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Bank Notes

Good and bad news on Massachusetts foreclosures: "The number of completed foreclosures in Massachusetts dropped by more than 30 percent in 2011 ... Despite the drop in activity for the year, foreclosure petitions—the first stage of the foreclosure process—spiked in December to a total of 1,009 starts. That’s a 38 percent jump from 733 in December 2010." [Biz Journal]