Foreclosures keep on rising

The Enquirer - Foreclosures keep on rising: "Foreclosures in Hamilton County jumped by 11.1 percent to 5,021 in 2005, continuing a trend that has shown a 62.2 percent increase in foreclosures since 2001.
Local court officials further project 2006 will see a 13.2 percent increase in foreclosures - totaling almost 5,700, or up about 84 percent from 3,095 foreclosures in 2001.
The new numbers come as the Ohio House is considering legislation to crack down on predatory mortgage lending and curb the state's sky-high foreclosure rate. In addition to predatory lending, adverse life events, catastrophic health costs or borrowing against a home can put homeowners at risk of foreclosure."
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