Articles

Habitat foreclosures on rise

So far this year, Habitat for Humanity of Greater Indianapolis has filed six foreclosure suits, more than in any of the past
five years. The organization also repossessed four houses as a result of the prior year’s foreclosures. In a typical year,
CEO Dean Illingworth said, Indy Habitat takes back one or two houses, so the recent uptick is troubling.

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Bank supports network for struggling homeowners

Fifth Third Bank is one of several lenders supporting a comprehensive resource for homeowners at risk of foreclosure. The
bank recently made a $10,000 gift to the Indiana Housing and Community Development Authority, a quasi-public agency.

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