Report: Mass. Foreclosures Fell 30 Percent in 2011

Report: Mass. Foreclosures Fell 30 Percent in 2011

Bay State foreclosures fell by more than 30 percent last year as lenders slowed the pace of home takings, a real estate tracker said today.

The number of completed foreclosures totaled 8,528 in 2011, down from 12,238 in 2010, according the Warren Group, publisher of Banker & Tradesman.

The number of foreclosure petitions, the first step in the foreclosure process, dropped even more sharply …

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