Wednesday, July 06, 2016

Middlesex North: 2016 Midyear Statistical Summary



The number and type of documents recorded at the Middlesex North Registry of Deeds during the first half of 2016 remained stable compared to the same period in 2015 although foreclosure-related documents were up by about one-third. Here are the numbers for major document types:

Deeds were up 17%, rising from 3018 in the first half of 2015 to 3520 in the first half of 2016;

Mortgages were up just 1%, with 5434 recorded in 2015 and 5505 recorded in 2016;

Foreclosure deeds were up 26%, rising from 86 in 2015 to 108 in 2016;

Orders of Notice were up 33%, rising from 185 in 2015 to 246 in 2016;

Overall documents were up 5%, from 28,249 in the first half of 2015, to 29,674 in the first half of 2015.

Electronic recording continues to grow. Of the 29,674 documents recorded in the first half of 2016, 14,701 (50%) were recorded electronically. About half of all deeds (1703 of 3520) were recorded electronically, but 68% of all mortgages (3735 of 5505) came to the registry electronically.

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