(Bloomberg) -- Willis Blackshear combs through Ohio mortgage filings looking for time bombs to defuse.
The Montgomery County recorder, who oversees real estate filings in Dayton, is searching for loans with balloon payments, or interest rates that may soon rise to unaffordable levels. He has found more than 3,100 in Montgomery where 540,000 residents possessed the state's second-highest foreclosure rate last year.
Read more at Bloomberg Exclusive News
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