Ohio RealEstateRama

CLEVELAND, OH - September 21, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) will host a free foreclosure prevention clinic at the Five Pointe Community Center on Tuesday, September 22.

COLUMBUS, OH - September 14, 2009 - (RealEstateRama) -- Charles E. Townsend, 39, of Columbus pleaded guilty in United States District Court here to one count of money laundering in connection with his involvement in a mortgage fraud scheme that exaggerated property values to out of state investors in order to secure funding for the purchase of properties in primarily low income neighborhoods in Columbus.

Washington, DC - September 9, 2009 - (RealEstateRama) -- Vacant homes in many neighborhoods throughout our state are a stark reminder that mortgage foreclosures continue to play a major role in destabilizing the foundation of our economy. Predatory and subprime mortgages, combined with substantial job losses, have led to increasing home foreclosures, home abandonment, and falling housing prices throughout Ohio. The problem affects us all.

Columbus, OH - August 31, 2009 - (RealEstateRama) -- Ohio Treasurer Kevin L. Boyce will officially unveil the Ohio Treasury’s latest Linked Deposit program geared toward providing reduced rate financing for Ohioans who complete weatherization improvements or install energy efficient products in their homes.

Dayton, OH - August 26, 2009 - (RealEstateRama) -- Congressman Michael R. Turner today co-hosted a panel discussion with the Northeast-Midwest Institute examining the impact of the national housing crisis in the Dayton region and communities across the country. Nearly a dozen local and national experts assembled in the Commissioners' Hearing Room at the Montgomery County Administration Building in downtown Dayton to discuss the broad range of issues involved in the housing crisis.

Columbus, OH - August 25, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, interim director of the Ohio Department of Development, and Mark Shanahan, energy advisor to Governor Ted Strickland, today announced that the Ohio Department of Development’s Ohio Energy Office is accepting applications for $14 million in funding available through the Deploying Renewable Energy: Wind and Solar grant program. This announcement marks the first set of renewable energy grants to be funded through the American Reinvestment and Recovery Act (ARRA) in Ohio.

Columbus, OH - August 20, 2009 - (RealEstateRama) -- Data released today by the Mortgage Bankers Association coupled with analysis of a report released last week by First American CoreLogic spell more trouble ahead for Ohio's housing crisis, and offer fresh evidence for the need for statewide foreclosure reform.

Cleveland, OH - August 13, 2009 - (RealEstateRama) -- Over 450 Ohioans packed into Ford Auditorium, at Case Western Reserve University, to hear Representative Marcia L. Fudge (OH-11) deliver her Inaugural State of the Congressional District Address. Many more stood in the hallway, hoping to enter.

COLUMBUS, OH - August 13, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, interim director of the Ohio Department of Development, today announced that the Village of Carrollton, Fulton County, and Mahoning County will receive grants totaling more than $1.1 million from the federally funded Water and Sanitary Sewer Program, administered by the Department’s Community Development Division.

CINCINNATI, OH - July 29, 2009 - (RealEstateRama) -- Jessica A. Zbacnik, 42, of Monroe, pleaded guilty in United States District Court here for her role in an extensive mortgage fraud scheme that affected 210 residential properties, including 205 in Montgomery County.

COLUMBUS, OH - July 29, 2009 - (RealEstateRama) -- Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that three Ohio communities, one company, and one nonprofit organization received the Director's Awards for Excellence in Housing and Community Development for effectively implementing programs that benefit Ohio’s low- and moderate-income citizens and fostering public/private partnerships.

Washington, DC - July 22, 2009 - (RealEstateRama) -- Congressman Michael R. Turner today announced that Arizona Congressman Jeff Flake (R-06) has introduced an amendment to remove his $250,000 funding request for the Murphy Theatre restoration project from the Department of Transportation, Housing and Urban Development and Related Agencies Appropriations Act for Fiscal Year 2010.

DAYTON, OH - July 15, 2009 - (RealEstateRama) -- A federal grand jury here has indicted a Waynesville couple, Gregory S. Chew, 41, and Peggy Pierson, age 46, along with Richard Confer Jr., age 42, of West Carrollton, charging the trio for their roles in a mortgage fraud scheme involving multiple counts, including money laundering, structuring financial transactions, conspiracy to launder money, mail fraud, and wire fraud.

Cincinnati, OH - July 9, 2009 - (RealEstateRama) — In a visit to the American Can Building in the Northside neighborhood of Cincinnati, Vice President Biden this morning highlighted the many ways in which the American Recovery and Reinvestment Act (ARRA) is supporting Southwest Ohio.

Washington, DC - July 7, 2009 - (RealEstateRama) – On Thursday, July 9, Vice President Biden will travel to Cincinnati, OH, where he will highlight the progress of the Recovery Act in Ohio at the American Can Building. The Vice President will discuss how the Recovery Act is building a 21st-century economy in Cincinnati and across the nation. The American Can Building is a formerly abandoned factory that is being converted to a multi-use economic development project.

COLUMBUS, OH - July 6, 2009 - (RealEstateRama) — If you’re planning a trip to a vacation home, a time share, a rental property, a home exchange or if you plan on renting your home this summer, you may have specific insurance needs.

COLUMBUS, OH - June 30, 2009 - (RealEstateRama) — Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that the Village of Mechanicsburg has been awarded a $150,000 grant to assist with the renovation and redevelopment of the Mechanicsburg Hardware Store, a historic downtown building located at 29 South Main Street.

Cleveland, OH - June 23, 2009 - (RealEstateRama) - William J. Edwards, United States Attorney for the Northern District of Ohio, announced today that an information has been filed against Paul R. Tomko charging him with one count of mail fraud in connection with mortgage loans that were obtained fraudulently. According to court records, Tomko, age 36, resides in Middleburg Heights, Ohio.

COLUMBUS, OH - June 15, 2009 - (RealEstateRama) – Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development, today announced that the Department will distribute approximately $11.6 million of American Recovery and Reinvestment Act Community Development Block Grant Program funds through the Water and Sanitary Sewer Program.

COLUMBUS, OH - June 2, 2009 - (RealEstateRama) — Flanked by lending reform advocates, Rep. Matt Lundy (D-Elyria) today unveiled his much-anticipated fix to close loopholes in the law that are currently allowing payday lenders to charge up to 680 percent APR.