GloucesterTimes.com, Gloucester, MA

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Auctioneer Paul Saperstein, right, announces that yesterday’s foreclosure sale of parcels inside Pond View Village, behind the chain link fence, has been postponed until August.19. Next to him is Norman Sabbey, attorney for Massachusetts Housing Investment Corp., a consortium of banks that is foreclosing on Cape Ann Housing Opportunity which has defaulted on $1.3 million in building loans.

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