Massachusetts foreclosure activity rises in November Fitch Downgrades Four CMBS Transactions on Likely Default Fitch Downgrades Four CMBS Transactions on Likely Default – The transaction. Downgrades are likely to class A-J and B as additional losses are incurred; upgrades are not likely. -$0 class M at ‘Dsf’; RE 0%. The class A-1, A-2, A-3A, A-3FL, A-3B, A-4, A-SB.BOSTON, January 2, 2013 – The number of completed foreclosures in Massachusetts declined again in November, marking the sixth straight month of year-over-year declines, according to The Warren Group, publisher of Banker & Tradesman. Meanwhile, foreclosure petitions also decreased in November, dropping to the lowest level so far this year.

Wells Fargo Will Stop Offering Most ‘Interest-Only’ Home-Equity Loans. Monday’s WSJ takes a look at how more homeowners who took out Helocs during the housing boom are now facing higher monthly payments as 10-year "interest-only" periods end, requiring borrowers to make interest and principal payments.