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Insecurity:
Foreclosure Growth in Ohio
October,
2002
Foreclosure filings with the
Ohio Supreme Court have risen 155 percent since 1994, while sheriff sales (final auctions of
a foreclosed homes)
increased 200 percent
across Ohio between 1994-96 and 2001.
This accelerated home loss coincides with the subprime lending
industry's explosive growth in Ohio, and increased predatory lending. A 2002
report by Policy Matters Ohio, along with a report from the Ohio
Community Reinvestment Project,
document the startling effect predatory loans are having on Ohio
communities. Policy Matters gathered sheriff sale and foreclosure
filing numbers from all Ohio counties from 1994-2001, while the OCRP linked
increasing numbers of foreclosures in Lorain, Montgomery and Summit counties
since 1997 to subprime loans.
Full Policy Matters Report
Executive Summary
Full OCRP Report
Read
our 2004 report
Lives
Unravel With Foreclosures
Lorain
Morning Journal, June 27, 04
What
Makes Up Predatory Lending Practices
Lorain
Morning Journal, June 27, 04
Chilling Effect of Lost Homes: Lorain
County Foreclosures Have Tripled Since Mid-1990s
The Morning Journal,
January 19, 03
Foreclosures Up In Delaware County
The Delaware Gazette, January
13, 03
In the Foreclosure Front: Recession Woes
Put Ohio 2nd in U.S.
Toledo Blade, December 22, 02
Foreclosure Rates Up, Study Says
90.3 FM WCPN, October
8, 02
Predatory Lenders Throw Up Smoke Screen
Dayton Daily News
Editorial, October 8, 02
Fresh Funds to Fight Foreclosures
Cincinnati Enquirer,
October 5, 2002
Ohio Groups Attack
Subprime, Predatory Lending
Cincinnati Business Courier,
October 4, 2002
Home
Foreclosures Double Since '94
Dayton Daily News,
October 5, 2002
Foreclosures Soar in Ohio
Ohio Public
Radio, October 4, 2002
More Ohioans Losing Homes
Columbus
Dispatch, October 4, 2002
Foreclosures Keep Rising Steadily Across Ohio
News Channel 5, October
4, 2002
Foreclosures Have Been Steadily Rising
Across Ohio
Associated Press,
October 4, 2002
