Churches not exempt from nation’s foreclosure problems
September 4, 2010 Economics, Investing, Personal Finance
CLEARCREEK TWP., Warren County — Pekin Road Baptist Church and the former Ridgeville Community Church are local examples of a negative national trend in the American mortgage industry.Since December 2007, the number of foreclosure proceedings brought against churches has tripled compared with the previous seven years, according to a review of the Thomson Reuters Westlaw legal database which …
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Churches not exempt from nation’s foreclosure problems
