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The Boston Globe


Fewer in Mass. lost their homes in February

Only 240 Massachusetts homeowners lost their properties to foreclosure in February, a nearly 69 percent drop compared with the same time last year and the lowest number of lender take-backs recorded in a month since May 2006, data released Tuesday show.

The number of foreclosure proceedings started in February also dropped dramatically — by 38 percent, to 856 compared to February 2012 — according to the Warren Group, a Boston company that tracks local real estate.

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