More Mass. homes faced foreclosure in Jan.
Lenders work through backlog, but overall picture improving
Home foreclosure activity in Massachusetts, including completed seizures and notices of intent to foreclose, jumped in January compared with the same period in 2011 as lenders sped up efforts to deal with delinquent borrowers following a national slowdown last year. In January, 1,333 homeowners received notice from lenders that they were going into foreclosure, 68 percent more than during last January, according to the Warren Group, a Boston company that tracks local real estate.