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  2. Broadway–Slavic Village - Wikipedia

    en.wikipedia.org/wiki/Broadway–Slavic_Village

    The zip code that includes the neighborhood, 44105, recorded more home foreclosures than any other zip code in the country during the second quarter of 2007, [11] causing the national media to declare the neighborhood the center of the 2007 foreclosure crisis [12]

  3. Thousands Of U.S. Homes Foreclosed In April As Market ... - AOL

    www.aol.com/thousands-u-homes-foreclosed-april...

    April saw a surge in home foreclosures, with thousands of properties repossessed nationwide.Last month saw an 8% increase in repossessions from the previous month, totaling over 2,900, despite a ...

  4. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...

  5. By Les Christie for CNNMoney NEW YORK -- The housing collapse has dramatically changed the nation's foreclosure landscape. Neighborhoods boasting modern homes, cul-de-sacs and tree-lined streets ...

  6. Slavic Village Development - Wikipedia

    en.wikipedia.org/wiki/Slavic_Village_Development

    In 2007, one of the zip codes representing Slavic Village (44105) was named the "hardest hit" zip code in the United States. [3] According to Claudia Coulton, co-director of the Center on Urban Poverty and Community Development at Case Western Reserve University , part of the reason for the focus of foreclosures in the Slavic Village area is ...

  7. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at ...

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