Lowell Deeds

Here’s a quick comparison of the number of major document types recorded from April 1 to April 24 this year compared to last. For this period in 2007, we recorded 338 deeds. In 2006 there were 380. Mortgages slipped to 1050 in 2007 from 1147 in 2006. Foreclosure deeds rose to 24 in 2007 from just 7 in 2006. Orders of notice increased similarly, up to 88 in 2007 from 48 in 2006. One thing that seemed strange was the total number of documents recorded. In 2006, we recorded 4214; in 2007, that number increased to 4548. What accounted for the additional 334 documents? One thing that really stood out was the number of assignments. In 2006, we recorded 279, but in 2007, that number rose to 646. I haven’t quite figured out what would cause the number of assignments being recorded to rise so steeply, especially when the number of mortgages recorded has steadily declined. Any theories?