Archives

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.

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.

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 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.

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)

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.

Columbus, OH - August 28, 2010 - (RealEstateRama) -- U.S. Representative Mary Jo Kilroy (OH-15) today teamed up with lenders and housing counselors to assist nearly 100 Ohioans at risk of foreclosure.

Columbus, OH - August 11, 2010 - (RealEstateRama) -- The Obama Administration today announced that the Ohio Housing Finance Agency will receive an additional $148 million through the U.S. Treasury's Hardest-Hit Fund to help Ohio homeowners prevent foreclosure.

WASHINGTON, D.C. - August 4, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) announced that Ohio will receive $172 million in funding for foreclosure-prevention assistance from the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets ("Hardest Hit Fund").

WASHINGTON D.C. - July 19, 2010 - (RealEstateRama) -- Homeowners who have lost their jobs and face foreclosure will benefit from a new Emergency Homeowners’ Relief Fund. Modeled from a successful program in Pennsylvania, the Fund provides $1 Billion for homeowners facing foreclosure.

COLUMBUS, OH - July 7, 2010 - (RealEstateRama) -- Treasurer Kevin L. Boyce is announcing the re-launch of the HomeSaver program to help Montgomery County homeowners with at-risk mortgages who may be facing foreclosure.

CLEVELAND, OH - June 17, 2010 - (RealEstateRama) -- As part of a national mortgage fraud sweep dubbed “Operation Stolen Dreams,” Ohio Attorney General Richard Cordray today announced lawsuits against two Ohio foreclosure rescue businesses for failing to provide services for which consumers paid.

Washington, DC - June 4, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today found a solution to problems regarding funding home foreclosure prevention counseling efforts.

CLEVELAND, OH - May 21, 2010 - (RealEstateRama) -- County Prosecutor Bill Mason and the Cuyahoga County Mortgage Fraud Task Force operating under authorization of Ohio Attorney General Richard Cordray and Ohio’s Organized Crime Investigations Commission announced that Mark Kellogg was sentenced to 14 years on May 19, 2010 for operating a large mortgage fraud scheme in Slavic Village. Kellogg was ordered to pay restitution of $5,831,500 to lenders and $186,715 to 109 neighbors who sold properties located on the same city block as the foreclosures resulting from mortgage fraud

COLUMBUS, OH - April 19, 2010 - (RealEstateRama) -- Today the Ohio Housing Finance Agency (OHFA) announced that it will receive $1,318,451 to support foreclosure prevention counseling efforts across the state.

WASHINGTON, D.C. - March 29, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that Ohio will receive $172 million to help communities address the foreclosure crisis. The funds will come from the Help for the Hardest-Hit Housing Markets (4HM) program.