Foreclosures on the Rise in Indiana and Across the US

Foreclosures on the Rise in Indiana and Across the US

Rising interest rates, home prices at never-before-seen levels, and inflation all play into the recent jump in foreclosures. Foreclosures happen when a homeowner stops making payments toward a property, and the institution (such as a bank) that financed the property steps in through legal action to take over the property and then sell it to recover all or a portion of its investment.  Some foreclosures are known as Real Estate Owned (REO) properties. They have gone into foreclosure, didn’t sell at auction, and are now owned by the original banker or lender. Other foreclosures come from government agencies. HUD homes, which are owned by the US Department of Housing and Urban Development (HUD), result from mortgages insured by the Federal Housing Administration (FHA) that go into...

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Fort Wayne Locals Agree: Housing Prices are Too High

Fort Wayne Locals Agree: Housing Prices are Too High

Part 1: The Rents are Too Damn High! Renting hasn’t been easy for Fort Wayne resident Abby, who has moved on from an apartment that felt like anything but a luxury even though “Luxury” was part of its name. “What kind of ‘luxury apartment’ has one working elevator 80%...

The Collaborative Corner | Christi & Amanda Hille

The Collaborative Corner | Christi & Amanda Hille

https://youtu.be/x6l437kZhq8 In this episode, we're diving into the vibrant film culture of Fort Wayne with Christy and Amanda Hilly from Cinema Center. As board president and secretary, they’re also festival chairs for the Hobnobben Film Festival happening October...