MA Foreclosure Rates Up 35%

TPMCafe || MA Foreclosure Rates Up 35%: "Massachusetts homeowners are facing the music as payments come due on risky loans that propped up the formerly red-hot housing market. A report released today by ForeclosuresMass shows that foreclosures are up 35% statewide, and 42% in the city of Boston.
And it's not limited to the working poor. 'It spans the whole gamut of income levels,' according to ForeclosureMass's president.
Is this a sign of what's to come for America's middle class?"
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