Foreclosure filings increase in Cuyahoga County during first half of the year

posted 7/19/10

Read the full article from The Plain Dealer

New foreclosure fillings in Cuyahoga County rose more than 12 percent during the first six months of this year, with the suburbs continuing to feel the brunt of the increase.

Residential and commercial foreclosure filings hit 7,440 in the first half of the year compared to 6,604 in the same period last year, according to data compiled by Case Western Reserve University's Center on Urban Poverty and Community Development.

... "I don't see it getting better for at least two years, maybe three."
... "By and large we don't see bad loans anymore. These are good traditional loans...it's unemployment that's killing people."

... The data does show mortgage foreclosure filings declined about 6 percent from the first quarter of this year to the second quarter. But the number of such filings for the first half of this year still topped those from either their the first or second half of last year.

What does this mean for the Hunger Network?
Over the last few years and especially during the last year, the Hunger Network has seen a spike in service at our suburban hunger centers. Most of the new families in the suburbs visiting a hunger center are there because they have either lost their job or had their wages cut.

Summer Lunches

posted 7/1/10

According to a report from the Food Research and Action Center (FRAC) only 16% of students that received free or reduced-cost lunches during the school year were fed in the summer of 2009.

Summer food participation fell while regular year school lunch participation by low-income children rose by nearly 800,000 children from school year 2007-2008 to 2008-2009, showing how the recession has driven up need.

For imformation about the study click here.