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Foreclosures Increased in Ohio Last Year

2013-02-04T18:48:28+00:00

2012 saw an increase in foreclosures throughout Ohio, largely due to a backlog from the housing crisis, according to a recently released report. RealtyTrac Inc., a popular foreclosure tracking firm, said Ohio residents had filed more default notices, scheduled auctions, and bank repossessions last year than in 2011. With 89,584 filings recorded last year, RealtyTrac [...]

Foreclosures Increased in Ohio Last Year2013-02-04T18:48:28+00:00

Officials predict end to Ohio’s foreclosure crisis

2012-02-22T19:57:01+00:00

After the $25 billion settlement in a foreclosure fraud case on February 9, officials predict that the foreclosure crisis in Ohio will end in the near future. Because of the settlement, foreclosures in Ohio will increase, but afterwards, officials believe foreclosures will be on the downturn. The settlement will mean an increase in new foreclosure [...]

Officials predict end to Ohio’s foreclosure crisis2012-02-22T19:57:01+00:00

Foreclosure rates: Ohio ranks 11th in nation

2011-09-27T16:39:15+00:00

The state of Ohio ranks 11th in the nation for the number of foreclosures as of last month. According to RealtyTrac Inc., the number of homes that have received the first step in the foreclosure process in August has jumped 33 percent. This is the largest gain from month-to-month in nearly four years. In the  [...]

Foreclosure rates: Ohio ranks 11th in nation2011-09-27T16:39:15+00:00

Federal aid program helps Ohioans avoid foreclosure

2011-09-06T22:02:30+00:00

It has been nearly a year since a $570 million federal aid program began and it has saved thousands of Ohio residents from filing for foreclosure. The Restoring Stability fund began on Sept. 27, 2010 and has worked to help 2,500 homeowners from losing their homes. This program was designed to help states that have [...]

Federal aid program helps Ohioans avoid foreclosure2011-09-06T22:02:30+00:00

Late mortgage payments on the rise

2011-08-23T20:42:48+00:00

Although a decrease has recently been seen, the state of Ohio is now seeing an increase in delinquent mortgage payments. In the state of Ohio, there are nearly 9.1 percent of home loans that are behind at this time, but they have not yet reached foreclosure. Three months ago, this number was only at 8.3 [...]

Late mortgage payments on the rise2011-08-23T20:42:48+00:00

Burt Reynolds faces foreclosure

2011-08-19T15:21:24+00:00

Burt Reynolds is facing mounting financial woes and a foreclosure lawsuit. According to Merrill Lynch Credit Corp., Reynolds has not made a mortgage payment on his home since September 1, 2010. This prompted the action of filing a foreclosure lawsuit against the actor, who now risks losing his 4-acre waterfront Florida estate. Merrill Lynch wants [...]

Burt Reynolds faces foreclosure2011-08-19T15:21:24+00:00

Ohio foreclosure rates drop 30 percent in July

2011-08-11T20:14:23+00:00

As of July 2011, the number of foreclosures in Ohio has dropped more than 30 percent from where it was in July 2010. Decreasing foreclosure rates are not only being seen in Ohio, as the national foreclosure rate for July 2011 was also more than 30 percent lower than rates a year earlier. In the [...]

Ohio foreclosure rates drop 30 percent in July2011-08-11T20:14:23+00:00

Fifteen metro areas still slammed with foreclosures

2011-08-04T22:13:09+00:00

The foreclosure rate has declined considerably across the country in many metropolitan areas,but there are 15 areas that are still being hit hard. And although rates are falling, the rates still overall remain high. In fact, one in every 111 houses had a foreclosure filing in the first half of this year. The top 15 [...]

Fifteen metro areas still slammed with foreclosures2011-08-04T22:13:09+00:00

Foreclosure rates drop in Florida last month

2011-07-27T18:40:40+00:00

According to RealtyTrac, a company that collects foreclosure data, there was a 19% drop in foreclosure rates for the Florida-Middleton area from May to June of this year. Compared to May-June 2010, foreclosure rates have dropped 37%. In May, there were 1, 471 filings for foreclosure and only 1, 193 last month. Although national foreclosure  [...]

Foreclosure rates drop in Florida last month2011-07-27T18:40:40+00:00

Foreclosures increase in Ohio in June

2011-07-19T14:14:16+00:00

The number of foreclosures in Ohio have risen in the month of June, but are still lower than the were at this time last year. The number of foreclosures that were filed in Ohio in the month of June are up 3.5 percent from May. This means that there were 8,671 filings in June which [...]

Foreclosures increase in Ohio in June2011-07-19T14:14:16+00:00

Helpful tips and myths on Ohio foreclosures

2011-06-23T15:30:05+00:00

With all the attention on foreclosures in the state of Ohio there are still many people that do not know what to do if they are beginning to fall behind on housing payments. Here are some tips that can be used in order to clear up myths about foreclosure. First, something important to remember is [...]

Helpful tips and myths on Ohio foreclosures2011-06-23T15:30:05+00:00

Oregon pushes for foreclosure law to pass

2011-06-15T13:32:15+00:00

The state of Oregon is hoping that the legislature passes a new law that will help to protect those in foreclosure. The current law gives the homeowners very little protection and the new bills on the subject will look to close loopholes. Senate Bill 827A and 826 are two of the bills looking to help [...]

Oregon pushes for foreclosure law to pass2011-06-15T13:32:15+00:00

Ohio: One of the lowest foreclosure discount prices in the country

2011-06-01T14:50:45+00:00

As of now, foreclosed homes are selling at nearly a 27 percent discount compared to homes that are not distressed. However, some states are seeing a larger discounted rate than others. In 10 states, the discounted rated was nearly 35 percent lower than homes not in distress. The largest discounts are seen in Illinois and [...]

Ohio: One of the lowest foreclosure discount prices in the country2011-06-01T14:50:45+00:00

Foreclosures show no sign of stopping

2011-05-20T15:37:14+00:00

Although it has been four years since the mortgage lending sent the housing market into a downward spiral resulting in a wave of foreclosures, the issue is not showing signs of stopping. Because housing prices are falling, it is leaving some homeowners owning more than their homes are currently worth. The issue of shoddy documents [...]

Foreclosures show no sign of stopping2011-05-20T15:37:14+00:00

Ohio foreclosures down 33% in April

2011-05-13T15:00:45+00:00

Foreclosures in the state of Ohio were down 33 percent in the month of April. This new report was released by a California-based foreclosure tracker and it found that 7,962 properties in the state received some type of action, default or repossession notice. These notices are down 33 percent from April 2010 and down 13 [...]

Ohio foreclosures down 33% in April2011-05-13T15:00:45+00:00
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