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U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Banking, Housing, and Urban Affairs Committee – applauded recent action by the Consumer Financial Protection Bureau (CFPB) against Ocwen Financial Corp. The CFPB alleges that Ocwen, one of the nation’s largest nonbank mortgage servicers, for years “engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process.” Ocwen has been the subject of several enforcement actions and more than 23,000 CFPB complaints, including 675 complaints from Ohioans.
Congresswoman Marcia L. Fudge (OH-11) announced she supports the plan to transform Quicken Loans Arena. The building’s improvements – which feature increased public areas and address structural flaws and shortcomings in the building – would extend the life of the arena and the Cavaliers’ lease in Cleveland through 2034.
U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Banking, Housing, and Urban Affairs Committee – issued the following statement regarding today’s action by the Consumer Financial Protection Bureau and state regulators against Ocwen Financial Corp.
U.S. Sen. Sherrod Brown (D-OH) convened a group of Stark County community partners at a roundtable discussion today at the Stark Area Regional Transit Authority (SARTA) to outline efforts to rebuild and repair the nation’s infrastructure while creating millions of construction jobs.
Purchasing a home or business property is a time of joy, excitement and inevitably stress generated by the work and by the unfamiliarity buyers have with the layers of demands from loan calculations to insurance commitments being thrust at them. The Ohio Department of Insurance (ODI) may help by providing information about the various insurance types and also through its rigorous regulation of insurance agents, Jillian Froment, ODI director, said.
U.S. Congresswoman Joyce Beatty (OH-03) recently introduced the Homeless Veterans Legal Services Act, H.R. 1993, legislation to allow the U.S. Department of Veterans Affairs (VA) to partner with public and private entities to increase legal services for homeless and at-risk of homelessness veterans. Congressman Steve Stivers (OH-15) and Congressman Pat Tiberi (OH-12) are the lead cosponsors of the Homeless Veteran Legal Services Act.
Senator Portman visited the Sojourner Recovery Services residential women’s facility in Eaton, Ohio. Sojourner’s Eaton facility opened last year and serves as a comprehensive drug and alcohol addiction and mental health service provider. Portman toured the facility and met with courageous women working to get their lives back on track as well as those on the front lines helping them overcome their addictions.
U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Committee on Banking, Housing and Urban Affairs – today blasted President Trump’s proposal to cut the U.S. Department of Housing and Urban Development’s budget by more than $6 billion and eliminate programs critical to maintaining the nation’s supply of affordable housing. The budget plan also would cut funding for public transit programs and community development grants.
President Donald Trump released his Fiscal Year 2018 Budget Request today that seeks to slash discretionary spending by $54 billion. Reacting to the proposal, U.S. Congresswoman Joyce Beatty (OH-03) said
Governor John R. Kasich announced the appointment of Ronald J. O’Leary of Cleveland (Cuyahoga Co.) to serve as a judge on the Cleveland Municipal Court, Housing Division. O’Leary will assume the bench on April 10, 2017, and must run in November 2017 to retain the seat for the remainder of the unexpired term, which ends January 1, 2020. O’Leary is replacing Judge Raymond L. Pianka, who passed away.
Representative Stivers Announces Reintroduction of Homeless Children and Youth Act at Huck House Shelter
Representative Steve Stivers (R-OH) announced the reintroduction of the Homeless Children and Youth Act at the Huckleberry House in Columbus. This legislation, which is cosponsored by Representative Dave Loebsack (D-IA), provides a more accurate system for the federal government to understand the problem of youth homelessness and help better serve this population. The Senate companion bill is sponsored by Senator Rob Portman (R-OH) and Senator Diane Feinstein (D-CA)
Senators Rob Portman (R-OH) and Dianne Feinstein (D-CA) today introduced the Homeless Children and Youth Act to amend the definition of homelessness used by the Department of Housing and Urban Development (HUD) so that more American children who are vulnerable can receive services they need. Representatives Steve Stivers (R-OH) and Dave Loebsack (D-IA) introduced companion legislation in the House of Representatives.
Hamilton County Auditor Dusty Rhodes reports the market value of tax exempt property values has grown at a much faster rate than the value of taxable property in the county over the last quarter-century.
Columbus REALTORS® held its ninth annual Commercial Awards Banquet on Thursday, March 9, 2017, at The Grand Event Center at Grandview Yard. Nearly 200 commercial movers and shakers, supporters and leadership were on hand to applaud the outstanding accomplishments of our 2016 honorees.
Central Ohio saw 2,473 homes go into contract during the month of January, up 24.5 percent from the previous month, and 4.4 percent higher than a year ago. There were 2,170 central Ohio homes and condos added to the market in January. Although this was 47.8 percent more than the previous month, it was 2.2 percent lower than January 2016, leaving the inventory at 4,329 according to the Columbus REALTORS Multiple Listing Service.
The number of distressed single family homes for sale in central Ohio during the fourth quarter of 2016 were down 57.4 percent and condos for sale fell 70.4 percent from the previous year
As leaders of responsible home ownership and affordable housing in central Ohio, the Columbus REALTORS® Foundation is proud to announce the largest grant in the organization’s history to fund the South Side Renaissance (SSR), a South Side housing development, owned by Community Development for All People (CD4AP).
Central Ohio ended 2016 with the highest number of home sales and the highest home prices on record. 2016 also saw the lowest months supply and days on market, due to the lowest inventory levels on record for the Columbus REALTORS® Multiple Listing Service
Following is a statement from Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on Governor Kasich’s veto of House Bill 554, clearing the way for reinstatement of the state’s renewable energy standard.
Following Veterans Day, U.S. Sen. Sherrod Brown (D-OH) announced $33,408 in federal funding to provide rental assistance paired with health services for homeless veterans in Akron as part of the U.S. Department of Housing and Urban Development-Veterans Affairs Supportive Housing (HUD-VASH) voucher program. Brown is ranking member of the Banking, Housing, and Urban Affairs Committee