MANDEL SCHOOL
NEWS AND EVENTS
February 10, 2010
CUPCD: "Cleveland sees big drop in foreclosure filings" in the SUN POST-HERALD
Cleveland sees big drop in foreclosure filings By Ken Prendergast February 05, 2010, 6:22PM
"CLEVELAND While the number of property foreclosure filings increased in Cuyahoga County last year, they fell dramatically in one city.
Cleveland saw its foreclosure filings drop nearly 20 percent in 2009, according to data compiled by Case Western Reserve University’s Center on Urban Poverty and Community Development.
It’s a stark reversal from previous years when the city was at the epicenter of the foreclosure crisis. Is that because the crisis has wiped out all of the bad loans and left other homes uninhabitable?"
Read the full article here.