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Foreclosures

Foreclosures in Mass. are up—and staying up: "The number of foreclosure petitions statewide more than doubled year-over-year—rising to 1,724 from 699 in May 2011. Petitions have surpassed the 1,000 mark every month since July. So far this year, the lowest level was recorded in January (1,333) and the highest level in April (1,750)." [Banker & Tradesman]