Ohio leads the nation in foreclosures with more than three times the national rate, according to a report released Wednesday by the Mortgage Bankers Association.
The report showed 3.17 percent of Ohio home loans in foreclosure in the third quarter this year, more than three times the national average of .97 percent. Locally, the Butler County [...]
Foreclosure filings are leveling out in Ohio, but at a record high rate. Statewide filings have only increase 3.4% since 2003, but have doubled since 1998 and tripled since 1994. 42,725 foreclosures were filed statewide from January to September of 2005.
A sluggish local economy and predatory lending practices receive the lion’s [...]
New foreclosures declined in Missouri, from 856 in October 2004 to 817 in October 2005, but total inventory rose 14.5 percent as sales slowed. Total October foreclosure inventory in Missouri reached 2,701 in October.
New foreclosures drop in Missouri in October - 2005-11-08
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