Ohio RealEstateRama

COLUMBUS - March 21, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved more than $11.4 million for affordable housing properties in Dayton and Cincinnati yesterday. The housing funds were approved during the Board's off-site meeting, held at The Commons at Third in Grandview, Ohio. A permanent supportive housing property for formerly homeless individuals, the Commons at Third was awarded $1,000,000 in Housing Tax Credits (HTCs) and $500,000 in Housing Development Assistance Program (HDAP) funds from OHFA to construct the community.

DAYTON, OH - March 15, 2013 - (RealEstateRama) -- With one-third of Montgomery County homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) unveiled a plan that would improve the housing market by addressing “short sale” home sales. Short sales are real estate transactions that must be approved by the bank because the seller owes more on their mortgage than the proposed sale price. Brown will outline how the Prompt Notification of Short Sale Act would improve the process for both sellers and buyers involved in “short sale” transactions and bolster the housing market and our economic

WASHINGTON, D.C. - March 13, 2013 - (RealEstateRama) -- With nearly 25 percent of Ohio homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) unveiled a plan to improve the housing market by addressing “short sale” transactions. Short sales are real estate transactions that must be approved by the bank because the seller owes more on his/her mortgage than the proposed sale price. Brown’s bipartisan legislation

AKRON, OH - February 28, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced the convictions of four people who took part in a mortgage fraud scheme in Summit and Stark counties.

Washington, DC - February 27, 2013 - (RealEstateRama) -- Congressman Mike Turner, Co-chairman of the Historic Preservation Caucus, reintroduced the Historic Homeownership Revitalization Act of 2013. Enactment of this legislation would create jobs in the hard hit housing and construction sectors by incentivizing the preservation of our nation’s historic homes and communities.

WASHINGTON, D.C. - February 26, 2013 - (RealEstateRama) -- Through the voluntary efforts of IRG Lorain LLC and the city of Lorain, two portions of the former Ford Lorain Assembly Plant property in Lorain have been investigated and remediated under Ohio EPA’s Voluntary Action Program (VAP). IRG Lorain plans to redevelop the properties for commercial/industrial use.

COLUMBUS, OH - February 21, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board celebrated the Agency's 30th anniversary with a proclamation from Governor John R. Kasich yesterday. The proclamation commended OHFA for fulfilling its mission and establishing programs that have "provided lasting benefits for all Ohioans by boosting the state's economy through public and private partnerships and strengthened Ohio communities through revenue production and job creation.

CLEVELAND - February 21, 2013 - (RealEstateRama) -- Today, Rep. Dave Joyce announced the Restore Our Neighborhoods Act, H.R. 656, which will protect responsible home owners by allocating funds to demolish vacant, abandoned, or foreclosed properties. Congressman Joyce released the following statement:

COLUMBUS, OH - February 21, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine announced that today's release of a monitor's report shows that more than 7,000 Ohioans have received more than $280 million in consumer relief from the National Mortgage Settlement announced one year ago.

WASHINGTON, D.C. - February 20, 2013 - (RealEstateRama) -- A large quantity of pipe insulation containing asbestos was illegally dumped on a property near Swanton last fall. Ohio EPA is seeking assistance from anyone who may have seen activity at the dump site or at an area commercial or school building.

WARRENSVILLE HEIGHTS, OH - February 20, 2013 - (RealEstateRama) -- Congresswoman Marcia L. Fudge is pleased to announce introduction of legislation to aid states and cities in addressing the need to demolish vacant and abandoned properties. The Restore our Neighborhoods Act of 2013 (H.R. 656) was jointly introduced by Congresswoman Fudge (OH-11), Congressman Dave Joyce (OH-14) and Congresswoman Marcy Kaptur (OH-9) and unveiled today at a news conference in Cleveland.

COLUMBUS - February 6, 2013 - (RealEstateRama) -- Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s average auto and homeowners insurance premiums are again among the lowest in the nation.

MANSFIELD, OH - February 4, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today joined Mansfield Mayor Tim Theaker and several other Richland County officials at the demolition of an abandoned house made possible by a grant from his Demolition Grant Program. The property at 102 Raymond Avenue in Mansfield is one of many properties in Ohio that have been demolished through efforts by local communities and the Attorney General's Demolition Grant Program.

WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments

COLUMBUS, OH - February 1, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments.

COLUMBUS, OH - January 31, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that he and 45 other Attorneys General have reached a $120 million multi-state settlement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX, resolving allegations that the Jacksonville-based company "robo-signed" documents and engaged in other improper conduct related to mortgage loan default servicing

WASHINGTON, D.C. - January 25, 2013 - (RealEstateRama) -- hrough the voluntary efforts of the Ashtabula County Port Authority, a brownfield along the Lake Erie shoreline has been investigated and remediated under Ohio EPA’s Voluntary Action Program (VAP). The port authority is marketing the property for commercial or industrial redevelopment.

OLUMBUS, OH - January 22, 2012 - (RealEstateRama) -- Deborah L. Kistner, 50, and her husband, Mark A. Kistner, 52, both of Hilliard, pleaded guilty three days after their trial started to a $7 million mortgage fraud scheme they carried out between June 2006 and July 2010

TOLEDO, OH - January 18, 2012 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) revealed how Ohioans will be affected by this month’s deal requiring banks to pay $8.5 billion to homeowners who were hurt by the mortgage crisis. Brown was joined at Advocates for Basic Legal Equality, Inc. (ABLE) by Belinda Brooks, a Northwest Ohio homeowner whose home was in foreclosure because of errors made by her mortgage servicer. Kathy Broka, president and CEO of the Fair Housing Center, a Toledo homeowner advocacy and counseling organization, also attended today’s event.

COLUMBUS - January 17, 2012 - (RealEstateRama) -- Gordon L. Yocom, 44, of Dublin, Ohio, pleaded guilty to conspiracy to commit money laundering for fraudulently obtaining a mortgage loan to finance the purchase of a real estate property in Powell, Ohio. Yocom agreed to forfeit $119,000, which represented the proceeds of this transaction.