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Lenders Repossessed More Central Ohio Homes In May

WCBE 90.5FM | By Jim Letizia
Published June 19, 2015 at 6:48 AM EDT

The mortgage listing service RealtyTrac says central Ohio home repossesssions nearly doubled in May as compared with April. Banks and government agencies repossessed 801 home in May, the sixth straight monthly increase. The firm blames legal delays and failed efforts to reach payment agreement with borrowers. Nationally, repossessions rose for the third straight month, but are below their peak number from 2013.
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WCBE News RealtyTracRepossessions
Jim Letizia
Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.
See stories by Jim Letizia
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