Business

New foreclosure actions fall in Mass.

Advertisement

The number of foreclosures initiated around the state by lenders fell in February due to an improving economy and strong housing market, the Warren Group reported Tuesday. Lenders filed 439 foreclosure petitions, the first step in the foreclosure process, down nearly 50 percent from February 2013, Warren Group said. It was the 16th straight month of year-over-year declines in foreclosure petitions. Completed foreclosures, however, rose in February, to 280 from 241 in February 2013. But that’s still below the peak in 2010, when lenders completed 917 foreclosures.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com