Archives

Rep. Sutton Announces $172 Million for Housing Assistance in Ohio

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- Today, Rep. Betty Sutton (D-OH) announced that Ohio will receive $172 million for housing assistance through the second round of federal Housing Finance Agency Hardest Hit Funds from the U.S. Treasury.

Cordray Applauds Feds for New Foreclosure Prevention Effort

COLUMBUS, OH - March 26, 2010 - (RealEstateRama) -- In response to the Obama administration’s announcement to provide additional aid to homeowners facing foreclosure through government-backed refinancing and temporary payment reductions for eligible borrowers, Ohio Attorney General Richard Cordray issues the following statement:“

Sen. Brown Joins Housing Advocates, Ohio Homeowners to Outline Need for Additional Foreclosure Assistance

COLUMBUS, OH - March 5, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) visited Columbus Housing Partnership's housing advisory center today to outline the need for additional federal foreclosure funds for Ohio.

Rep. Sutton Joins Colleagues in Introducing Legislation to Combat Foreclosure

Washington, D.C. - March 3, 2010 - (RealEstateRama) -- Rep. Betty Sutton (D-OH13) joined Ohio Reps. Marcia L. Fudge (D-OH11) and Mary Jo Kilroy (D-OH15), as well as Reps. Maxine Waters (D-CA) and Kendrick Meek (D-FL) to introduce H.R. 4635--a measure to combat foreclosures.

Fudge, Kilroy, Sutton And Other Members Unveil Foreclosure Mediation Program

WASHINGTON, D.C. - March 3, 2010 - (RealEstateRama) -- Representative Marcia L. Fudge (D-OH11) collaborated with fellow Ohioans, Representatives Betty Sutton (D-OH13) and Mary Jo Kilroy (D-OH15), and Representatives Maxine Waters (D-CA35) and Kendrick Meek (D-FL17) to introduce H.R. 4635--a measure to combat foreclosures.

Kucinich, LaTourette, 11 Other Members of Ohio Delegation Demand Foreclosure Relief

Washington, DC - March 1, 2010 - (RealEstateRama) -- Congressmen Dennis Kucinich (D-OH) and Steven LaTourette (R-OH), with 11 other Members of the Ohio delegation, have sent a letter to President Obama demanding that the administration reassess the criteria used to develop the $1.5 billion “innovation fund” to provide grants to “the states that are the hardest hit by this housing crisis.”

Turner Releases Report on Housing and Foreclosure Crisis

Washington, DC - February 25, 2010 - (RealEstateRama) -- U.S. Representative Mike. Turner today announced the release of a report offering an analysis and policy considerations to the national foreclosure crisis.

Sen. Brown Calls On President To Expand Foreclosure Assistance Program To Include Ohio

WASHINGTON, D.C. - February 23, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today called on President Obama to expand his recently-announced foreclosure assistance program to Ohio.

Kucinich Questions Administration’s Oversight of Ohio

Washington, DC - February 19, 2010 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today made the following statement after an announcement by the White House to provide $1.5 billion to five states for foreclosure prevention:

CABOR TO HOST FORECLOSURE INTERVENTION LUNCHEON FOR REALTORS ON FEBRUARY 26, 2010

February 9, 2010 - (RealEstateRama) -- CABOR, one of the largest REALTOR® associations in the state (CABOR) is partnering NHSGC and CHN, two of the largest community development corporations in Northeast Ohio, to combat foreclosures. On February 26, 2010, CABOR will host a “Foreclosure Intervention Luncheon” to provide REALTORS with tools and resources to help them to open a dialogue with their clients, friends and family about the sensitive but relevant topic of foreclosure.

Brown Points To Ohio Foreclosure Crisis, Calls For Improvements To Foreclosure Mitigation Efforts

WASHINGTON, D.C. - February 9, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) wrote to the Obama Administration today regarding high foreclosure rates in Ohio and the need to improve foreclosure mitigation efforts that help Americans stay in their homes.

Columbus Will Receive More than $23 Million in Funds to Help Rebuild Neighborhoods Devastated...

COLUMBUS, OH - January 14, 2010 - (RealEstateRama) -- U.S. Secretary of Housing and Urban Development Shaun Donovan and U.S. Sen. Sherrod Brown (D-OH) visited Columbus today to announce new Recovery Act funds to help rebuild communities devastated by the housing and economic crisis.

Housing Crisis Deepens: Legislative Action Needed Immediately

COLUMBUS, OH - November 19, 2009 - (RealEstateRama) -- Record breaking foreclosure filings and delinquency rates in Ohio were reported today by the Mortgage Bankers Association, confirming assertions by foreclosure reform advocates that the housing crisis is deepening, and prompting calls for the Ohio Senate to begin hearings on reform legislation.

Representative Fudge To Host Foreclosure Prevention Clinic

CLEVELAND, OH - November 13, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) will host a free foreclosure prevention clinic at the Cleveland Heights Community Center on November 17th. The clinic is the second in a series and will connect residents with housing counselors to discuss ways to prevent mortgage delinquency.

Brown Calls for Investigation of “Bank Walkaways” from Foreclosed Homes

WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) -- A growing number of lenders are refusing to take possession of homes after they have been foreclosed, leading to vandalism and neighborhood decline in Cleveland and cities across Ohio.

Representative Fudge To Host Foreclosure Prevention Clinic

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.

Foreclosure Crisis is Problem for Entire Region

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.

Nearly One in Two Mortgages in Ohio is Underwater or Close to it

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.

Rep. Fudge Delivers State Of The District Address, Highlights Health Care, Recovery Act, Foreclosure...

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.

Brown to Attend White House Signing Ceremony of Bills Aimed at Preventing Foreclosure and...

WASHINGTON, D.C. - May 20, 2009 - (RealEstateRama) — U.S. Sen. Sherrod Brown (D-OH), Chairman of the Senate Banking Subcommittee on Economic Policy, will attend the White House signing ceremony today of two bills aimed at preventing foreclosures and protecting Ohioans from mortgage fraud. Brown has been an outspoken advocate for federal legislation that makes it easier for homeowners to hold onto their homes by refinancing into more affordable mortgages.

Recent

Central Ohio Housing Report – December 2018

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 maintained the competitive housing market amid less than stellar stock market performance and rising interest rates while housing affordability dipped to a ten-year low.