Tagged: Foreclosures

From our public forum on Aug. 20, 2009 discussing foreclosure, mortgage problems and struggling neighborhoods.

As home foreclosures rise, so do the number of people trying to take advantage of those in a bad situation. More and more, scams are popping up across Ohio. In May, the Attorney General's office launched a crackdown on the shady practices. WYSO's Emily McCord reports on the on-going effort.

When a house is for sale, an evaluation is done to determine its value before a loan is made.  Appraisers are trained to make judgments about the value of properties with "boot-on-the-ground" inspections. In the past, a few appraisers were influenced by over zealous brokers and lenders. Now there are new guidelines in place. But are they protecting the consumer or making money for the lender?