Yearly Archives: 2010

COLUMBUS, OH - October 21, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) yesterday announced that it received three awards for outstanding programs of distinction by its colleagues at the 2010 National Council of State Housing Agencies' (NCSHA) annual conference in Boston.

Washington, DC - October 21, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today announced that he is preparing legislation to force lenders to halt foreclosures of owner-occupied residential homes until lenders have certified that they have complied with their contractual obligations to try to reduce eligible borrowers’ monthly payments, using one of several government-sponsored foreclosure prevention programs.

COLUMBUS, OH - October 21, 2010 - (RealEstateRama) -- In response to reports that Bank of America plans to restart foreclosures on borrowers in 23 states where issues of possibly fraudulent documentation have been raised, Ohio Attorney General Richard Cordray today offered the following statement:

COLUMBUS, OH - October 13, 2010 - (RealEstateRama) -- Ohio Attorney General Richard Cordray, who recently filed the first lawsuit in the nation against a mortgage servicer over fraudulent affidavits filed in foreclosure cases, announced today that his office is joining with other state attorneys general in a multi-state investigation of these practices."This is the clearest signal yet to the major mortgage lenders and servicers that they need to take serious measures to fix problems with affidavits," Cordray said. "What we have seen are not mere technicalities, as some suggest; rather, this is about the private property rights of homeowners facing foreclosure and the integrity of our court system, which cannot enter judgments based on fraudulent evidence.

Lost your job, can't keep up with mortgage payments? Starting today you might find relief from Ohio's Restoring Stability Fund. Ohio will receive a total of $320million from President Obama's Hardest Hit Fund to aid Ohioans struggling tokeep their homes. As a member of Congress, I've long advocated for targetedfunding to the hardest hit states, and was proud when the Hardest Hit Fund wasestablished. The President's multi-pronged approach will help families keep their dreams, even in the midst of this recession.

COLUMBUS, OH - September 29, 2010 - (RealEstateRama) -- The U.S. Department of the Treasury today provided new details on its support for homeowners struggling due to adverse economic conditions in Ohio through the existing Housing Finance Agency (HFA) Innovation Fund for the Hardest-Hit Housing Markets (the Hardest-Hit Fund).

Washington, DC - September 30, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) secured another victory in his campaign to protect Ohio homeowners from foreclosure after JP Morgan Chase decided to freeze ongoing foreclosures because of serious mistakes the company has made with homeowners’ paperwork.

COLUMBUS, OH - September 28, 2010 - (RealEstateRama) -- In a letter sent today to Ohio judges, Attorney General Richard Cordray has requested the state courts to make a special review of all foreclosure cases that involve GMAC Mortgage.

Washington, DC - September 29, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today welcomed a new infusion of federal funds from the Department of Treasury to prevent foreclosures in Ohio.

Washington, DC - September 27, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today announced that applications from Ohio homeowners are now being accepted for funds made available through the Administration’s $172 million Hardest Hit Fund for Ohio.

CANTON, OH - September 27, 2010 - (RealEstateRama) -- U.S. Congressman John Boccieri (D-Alliance) today announced the U.S. Department of Justice (DOJ) awarded more than $240,000 to Domestic Violence Project, Inc. (DVIP) of Canton as part of the Transitional Housing Assistance Grants for Victims of Domestic Violence, Dating Violence, Stalking, or Sexual Assault Program.

COLUMBUS, OH - September 27, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced the launch of Restoring Stability:

COLUMBUS, OH - September 17, 2010 - (RealEstateRama) -- Ohio Attorney General Richard Cordray’s lawsuit against Barclays Capital Real Estate dba HomEq Servicing, headquartered in New York City, just took a legal step forward with a recent decision by a state court.

COLUMBUS, OH - September 17, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $2.9 million of the Housing Investment Fund (HIF), which encourages housing initiatives and meets housing needs that are not met by other programs of the Agency.

COLUMBUS, OH - September 16, 2010 - (RealEstateRama) -- Ohio Attorney General Richard Cordray has filed three new lawsuits against foreclosure rescue operations for bilking Ohioans out of tens of thousands of dollars.

COLUMBUS, OH - September 13, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today reduced mortgage interest rates on loans through its First-Time Homebuyer Program to the lowest rates in the Agency's history.

CLEVELAND, OH - September 10, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today joined Neighborhood Housing Services of Greater Cleveland to commemorate the one millionth customer served through the National Foreclosure Mitigation Counseling Program (NFMC)

COLUMBUS, OH - September 8, 2010 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved the use of $500,000 to create a loan fund for the "Ohio Habitat Investment Partnership" in the August Board meeting.

WARRENSVILLE HEIGHTS, OH - September 8, 2010 - (RealEstateRama) -- Congresswoman Marcia L. Fudge (OH-11) joins Housing and Urban Development (HUD) officials for a major announcement in Cleveland tomorrow, September 9th.

CANTON, OH - September 1, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) and Congressman John Boccieri (OH-16) today joined Federal Home Loan Bank (FHLB) of Cincinnati President and CEO David Hehman at the YWCA in Canton to announce $6.1 million in funding for 12 affordable housing projects across Ohio.