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The Boston Globe

Business

Mass. foreclosure activity falls again in Feb.

Foreclosure activity in Massachusetts declined in February as a result of an improving economic conditions and a revitalized real estate market, the Warren Group said Tuesday.

A total of 856 foreclosure petitions were filed last month in the Bay State; that number was down 38 percent from the number in February 2012, said the Warren Group, a Boston firm that tracks local real estate activity. Foreclosure petitions are the first step in the foreclosure process in Massachusetts.

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