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DAYTON, OH - January 22, 2010 - (RealEstateRama) -- Four participants in an extensive mortgage fraud scheme that affected 210 residential properties including 205 in Montgomery County were sentenced today in federal court by U.S. District Judge Michael R. Barrett.

WASHINGTON, DC - January 21, 2010 - (RealEstateRama) -- Dennis G. Sartain of Hilliard, Ohio; and Bonnie Helt, of Columbus, Ohio, pleaded guilty today to conspiring to commit mortgage fraud, money laundering and obstruction of justice, the Justice Department and Internal Revenue Service (IRS)

CINCINNATI, OH - January 14, 2010 - (RealEstateRama) -- A federal grand jury here has indicted six members of a family and one of their employees charging them with operating a mortgage fraud conspiracy between 2004 and 2009.

DAYTON, OH - November 3, 2009 - (RealEstateRama) -- A federal grand jury here has indicted James L. Mack, 64, a former loan officer at the Centerville branch of Republic Bank, Walter A. Millat, 70, and his son William E. Millat, 49, all of Dayton, charging the three men with operating a scheme to fraudulently obtain more than $4.5 million in mortgage loans by fraudulently orchestrating the purchase and sale of more than 100 properties in the Dayton area between 2001 and 2006.

Washington, DC - October 1, 2009 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today asked Treasury Secretary Timothy Geithner to address the potential threat to the financial system posed by resecuritization of existing residential mortgage backed securities, informally referred to as ‘re-remic.’

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.

COLUMBUS, OH - August 31, 2009 - (RealEstateRama) -- As a potential homebuyer, you have an incredible opportunity to qualify for the federal first-time homebuyer tax credit of up to $8,000.

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.

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.

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.

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 1, 2009 - (RealEstateRama) — Buying a home is no longer a dream. With low sale prices and favorable mortgage rates, attaining homeownership is possible with stable financing and flexible options from the Ohio Housing Finance Agency (OHFA).

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.

CINCINNATI, OH - May 12, 2009 - (RealEstateRama) — A Dayton father and son pleaded guilty in United States District Court here for their roles in an extensive mortgage fraud scheme that affected 210 residential properties, including 205 in Montgomery County.

COLUMBUS, OH - February 17, 2009 - (RealEstateRama) — Ohioans can now buy a home and lower their tax liability with a Mortgage Credit Certificate (MCC) from the Ohio Housing Finance Agency (OHFA). OHFA has launched its MCC Program to encourage new homeownership, allowing qualified first-time homebuyers to take a direct tax credit for a portion of their mortgage interest up to $2,000 per year for the life of the mortgage

COLUMBUS, OH - February 2, 2009 - (RealEstateRama) – Homebuyers can move a step closer to owning the home of their dreams, thanks to a new financial program. The Ohio Housing Finance Agency (OHFA) today announced that it is now offering a Down Payment Assistance Grant to potential homebuyers.

COLUMBUS - June 18, 2008 - Today, the Ohio Housing Finance Agency (OHFA) Board approved $6 million of additional funding for OHFA's Second Mortgage...

OHFA’S Ohio Heroes Program targets educators, military personnel and first responders COLUMBUS  - Ohio’s everyday heroes now can receive a lower rate through the Ohio Housing...

COLUMBUS, OH - February 21, 2008 - Thousands of Ohioans are turning to HUD's Federal Housing Administration (FHA) to find an affordable mortgage refinancing solution, and many more could be helped by bipartisan legislation awaiting final approval by Congress, U.S. Housing and Urban Development Secretary Alphonso Jackson announced today.

Washington - Feb 12, 2008 - Congressman John Boehner (R-West Chester) today encouraged homeowners concerned about potential foreclosure to take advantage of a new...