Friday, August 13, 2010

Ohioans still losing homes to mortgage bankers

... which, after all, is the meaning of "foreclosure."

According to Business First in Columbus, home foreclosures in Ohio during July increased 27% from June, and 23% from July 2009. There has been one foreclosure filing for every 376 households. Ohio was ranked the 11th worst in the nation for July foreclosures.

I suppose we should be grateful that we dropped out of the top ten, but the statistics still reflect an awful lot of human misery.

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