Foreclosures are hard on innocent renters | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Economy

Foreclosures are hard on innocent renters

Anita Lee - Biloxi Sun-Herald

August 10, 2009 02:37 PM

GULFPORT — Life was humming along for Seabee Aaron Paro and his family until the June day his fiance, Melissa Null, received a call at work.

She was told the bank had foreclosed on their rental home, the new owners intended to sell it and her family needed to find a new place to live.

“We don’t have $1,000 in the bank to just move at the drop of a dime,” Null said.

Mississippi’s foreclosure rate is low, especially in comparison to states such as Florida and California. But a company that tracks foreclosures for the industry, RealtyTrac, shows that in June those rates were high in some pockets of the state. Most notably, economically depressed counties in north Mississippi, Hinds and its neighboring counties of Rankin and Madison in central Mississippi, and Harrison County on the Coast were labeled as having high foreclosure rates.

Statewide, one in every 663,564 housing units went into foreclosure in June, according to RealtyTrac. In Harrison County, the rate was one in 9,943 units. Gulfport had the highest rate in the county, with foreclosures filed on one in every 946 units.

Read the complete story at sunherald.com

Read Next

Video media Created with Sketch.

Policy

Are Muslim-owned accounts being singled out by big banks ?

By Kevin G. Hall and

Rob Wile

December 17, 2018 07:00 AM

Despite outcry several years ago, U.S. banks are back in the spotlight as more Muslim customers say they’ve had accounts frozen and/or closed with no explanation given. Is it discrimination or bank prudence?

KEEP READING

MORE ECONOMY

National

The lights are back on, but after $3.2B will Puerto Rico’s grid survive another storm?

September 20, 2018 07:00 AM

Investigations

Title-pawn shops ‘keep poor people poor.’ Who’s protecting Georgians from debt traps?

September 20, 2018 12:05 PM

Agriculture

Citrus disease could kill California industry if Congress slows research, growers warn

September 11, 2018 03:01 AM

Politics & Government

The GOP’s new attack: Democrats wants to ‘end’ Medicare

September 07, 2018 05:00 AM

Economy

KS congressman: Farmers are ‘such great patriots’ they’ll ride out Trump trade woes

August 30, 2018 02:17 PM

Midterms

Democrats’ fall strategy: Stop talking Trump

August 24, 2018 05:00 AM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service