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.
No comments:
Post a Comment