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Cincinnati Enquirer Foreclosure Crisis
Sunday, 25 November 2007
In a series of articles the Cincinatti Enquirer focuses on the foreclosure crisis affecting Hamilton County Ohio and the surrounding areas.

City foots bill on foreclosures

Repair, demolition costs add up on foreclosed property 

The first report discusses the rise of properties owned by banks and mortgage companies, the difficulties some face in identifying a contact person, and efforts by various municipalities to maintain deteriorating properties.
To view the article in its entirety please click here.

Use Legal Tools Against Foreclosure 

The second report discusses  Homes Act, HR 3778, introduced by State Rep. Steve Chabot, R-Cincinnati. Homes Act, HR 3778 would allow federal judges to alter the terms of a mortgage during bankruptcy proceedings (previously discussed here).
To view the article in its entirety please click here

The fight against foreclosure 

The third report discusses borrower outreach efforts in Hamilton County.

To view the article in its entirety please click here


Even long arm of law can't reach absentee owners

The fourth report discusses court actions against lending institutions in Cincinnati and Cleveland.
To view the article in its entirety please click here

About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, OH  and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 425 employees.  Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.