Archives

Ohio HFA: State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program

WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments

State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program

COLUMBUS, OH - February 1, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments.

Attorney General DeWine Announces $120 Million Multi-State Settlement with Lender Processing Services, Inc.

COLUMBUS, OH - January 31, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that he and 45 other Attorneys General have reached a $120 million multi-state settlement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX, resolving allegations that the Jacksonville-based company "robo-signed" documents and engaged in other improper conduct related to mortgage loan default servicing

Ashtabula County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

WASHINGTON, D.C. - January 25, 2013 - (RealEstateRama) -- hrough the voluntary efforts of the Ashtabula County Port Authority, a brownfield along the Lake Erie shoreline has been investigated and remediated under Ohio EPA’s Voluntary Action Program (VAP). The port authority is marketing the property for commercial or industrial redevelopment.

Hilliard Couple Pleads Guilty in $7 Million Mortgage Fraud Scheme

OLUMBUS, OH - January 22, 2012 - (RealEstateRama) -- Deborah L. Kistner, 50, and her husband, Mark A. Kistner, 52, both of Hilliard, pleaded guilty three days after their trial started to a $7 million mortgage fraud scheme they carried out between June 2006 and July 2010

Brown Reveals How Northwest Ohioans Will Be Affected By Deal Requiring Banks To Pay...

TOLEDO, OH - January 18, 2012 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) revealed how Ohioans will be affected by this month’s deal requiring banks to pay $8.5 billion to homeowners who were hurt by the mortgage crisis. Brown was joined at Advocates for Basic Legal Equality, Inc. (ABLE) by Belinda Brooks, a Northwest Ohio homeowner whose home was in foreclosure because of errors made by her mortgage servicer. Kathy Broka, president and CEO of the Fair Housing Center, a Toledo homeowner advocacy and counseling organization, also attended today’s event.

Brown To Feds: Don’t Give Special Tax Breaks To Big Banks In Foreclosure Settlement...

CLEVELAND, OH - January 18, 2012 - (RealEstateRama) -- At an event today at Community Housing Solutions with Ohioans who were unlawfully foreclosed on, U.S. Sen. Sherrod Brown (D-OH) released a letter to federal regulators urging them to cancel tax breaks for big banks involved in the settlement deal on unlawful foreclosures.

Attorney General DeWine Reminds Ohioans of January 18 National Mortgage Settlement Claim Deadline

COLUMBUS, OH - January 17, 2012 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today reminded eligible Ohioans that January 18th is the deadline to submit claims for compensation to the National Mortgage Settlement Administrator. Pursuant to the National Mortgage Settlement announced in February 2012, eligible borrowers who lost a home to a foreclosure sale would be eligible for direct compensation.

Dublin Man Pleads Guilty in Mortgage Fraud Scheme

COLUMBUS - January 17, 2012 - (RealEstateRama) -- Gordon L. Yocom, 44, of Dublin, Ohio, pleaded guilty to conspiracy to commit money laundering for fraudulently obtaining a mortgage loan to finance the purchase of a real estate property in Powell, Ohio. Yocom agreed to forfeit $119,000, which represented the proceeds of this transaction.

OHFA Board Bids Farewell to Member, Awards $4 Million to Affordable Housing Communities in...

COLUMBUS, OH - January 17, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board bid farewell to a long-standing member yesterday. Roger McCauley served on the OHFA Board since the establishment of the agency in February 1983. During his 30-year tenure, McCauley participated in the Agency's affordable housing initiatives including the development of the Agency's Annual Plan and single-family and multifamily programs

Brown Reveals How Ohioans Will Be Affected By Deal Requiring Banks To Pay $8.5...

COLUMBUS, OH - January 15, 2012 - (RealEstateRama) -- Today, U.S. Sen. Sherrod Brown (D-OH) revealed how Ohioans will be affected by this month’s deal requiring banks to pay $8.5 billion to homeowners who were hurt by the mortgage crisis. Brown was joined at Homeport by a central Ohio teacher, Jeanne Brigner, a homeowner whose bank initiated foreclosure proceedings despite her being up-to-date on mortgage payments. With the help of Brown’s office, Ms. Brigner is still in her home. Brown outlined legislation that would help the housing market and economic recovery by preventing foreclosures and keeping more Americans in their homes

In Wake Of Wrongful Foreclosures Settlement Deal, Brown Urges Fed and OCC To Maximize...

COLUMBUS, OH - January 15, 2012 - (RealEstateRama) -- In the wake of the settlement deal on wrongful foreclosures reached last week, U.S. Sen. Sherrod Brown (D-OH) today called on Federal Reserve Chairman Ben Bernanke and Comptroller of the Currency Thomas Curry to learn from the mistakes of past settlement deals, maximize relief to homeowners, and clean up the mortgage servicing industry. Brown released the letter following a meeting with Ohio homeowners and the Columbus Housing Partnership.

OHFA Board Approves More Than $6.3 Million for Affordable Housing Communities Across Ohio

COLUMBUS, OH - December 21, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency Board approved more than $6.3 million through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing developments during a meeting on Wednesday. Funding for HDAP comes from the federal HOME program and the Ohio Housing Trust Fund (OHTF). The developments receiving HDAP funds include

State of Ohio’s Foreclosure Prevention Program Reaches Milestone With $100 Million Disbursed to Ohio...

COLUMBUS, OH - December 18, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) announced that it has distributed $100 million in funding to Ohio homeowners through the state of Ohio's foreclosure prevention program. Through its disbursement of funds, Save the Dream Ohio has assisted more than 8,500 Ohio homeowners facing default or foreclosure on their homes

Sen. Brown Announces New Resources To Provide More Than 300 Affordable Housing Units For...

WASHINGTON, D.C. - December 17, 2012 - (RealEstateRama) -- A Cincinnati neighborhood received new resources to redevelop blighted and abandoned property while providing safe, affordable housing for seniors. U.S. Sen. Sherrod Brown (D-OH) today announced that new U.S. Department of Housing and Urban Development (HUD) funding will build more than 300 housing units in Avondale

Kucinich: Throw out the NDAA, End the Wars and Start Nation Building at Home

Washington D.C. - December 14, 2012 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today released the following statement on the NDAA: Today, this House will send the National Defense Authorization Act (NDAA) to conference. Contrary to its title, the bill does not provide for the protection of the American people. It expands war. It further indebts our nation. It encroaches on basic rights with regards to indefinite detention. It eliminates the basic tenet that due process rights apply to everyone in this country – not just American citizens

OHFA Board Approves More Than $3.7 Million for Affordable Housing Initiatives Across the State

COLUMBUS, OH - November 16, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $942,457 through the Capital Improvements Program (CIP), designed to provide funding for minor renovations and maintenance on aging properties funded by the Ohio Department of Mental Health (ODMH). Funding for the program comes from the Ohio Housing Trust Fund (OHTF). Recipients include:

Affordable Housing Leaders to Kick Off the 14th Annual Ohio Housing Conference November 27...

COLUMBUS - November 16, 2012 - (RealEstateRama) -- Affordable housing professionals from Ohio and across the country will soon gather at the Greater Columbus Convention Center on November 27-29 for the 2012 Ohio Housing Conference.

Brown Announces More Than $140 Million In Home Heating Assistance Funds For Ohio Seniors,...

WASHINGTON, D.C. - November 14, 2012 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that that the Obama Administration is releasing $3.1 billion in low-income heating assistance funds under the FY 2013 Continuing Resolution. Ohio seniors and working families are set to receive more than $140 million in home heating assistance funds during the Fiscal Year 2013 Continuing Resolution.

Ohioans Should Use Winter Safety Week to Prepare Homes and Vehicles

COLUMBUS - November 9, 2012 - (RealEstateRama) -- A bit of preventative maintenance winterizing your home and car could save you a big hassle and even money once winter weather arrives. That’s why Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor is using Winter Awareness Safety Week, Nov. 11-17, to spurn Ohioans into action

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.