Addressing Ohio's Foreclosure Crisis

Addressing Ohio's Foreclosure Crisis PDF Author:
Publisher:
ISBN:
Category : Foreclosure
Languages : en
Pages : 25

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Book Description
"Facing the worst foreclosure crisis since the Great Depression, the state of Ohio has responded by focusing on helping the individuals keep their homes. While more needs to be done in that area, including leveling the playing field of the foreclosure process, the state must direct more attention and more resources to the devastating effects that foreclosures are having on entire communities, from the urban neighborhoods of Cleveland or Cincinnati to suburban and rural communities across the state. This paper lays out a detailed, concrete series of steps by which the state can not only better help homeowners and tenants affected by foreclosure, but help stabilize its distressed neighborhoods and communities. These steps include legislative actions as well as changes to existing state programs. Recognizing the constraints on state resources, most of the steps recommended in this paper involve no cost to the state or local government, though some require modest outlays. Ultimately, if the state carries out these recommendations, it will not only benefit many thousands of Ohioans directly, but will preserve billions in property values and untold millions in state and local tax revenues that would otherwise be lost"--Abstract, p.[1].

Addressing Ohio's Foreclosure Crisis

Addressing Ohio's Foreclosure Crisis PDF Author:
Publisher:
ISBN:
Category : Foreclosure
Languages : en
Pages : 25

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Book Description
"Facing the worst foreclosure crisis since the Great Depression, the state of Ohio has responded by focusing on helping the individuals keep their homes. While more needs to be done in that area, including leveling the playing field of the foreclosure process, the state must direct more attention and more resources to the devastating effects that foreclosures are having on entire communities, from the urban neighborhoods of Cleveland or Cincinnati to suburban and rural communities across the state. This paper lays out a detailed, concrete series of steps by which the state can not only better help homeowners and tenants affected by foreclosure, but help stabilize its distressed neighborhoods and communities. These steps include legislative actions as well as changes to existing state programs. Recognizing the constraints on state resources, most of the steps recommended in this paper involve no cost to the state or local government, though some require modest outlays. Ultimately, if the state carries out these recommendations, it will not only benefit many thousands of Ohioans directly, but will preserve billions in property values and untold millions in state and local tax revenues that would otherwise be lost"--Abstract, p.[1].

Foreclosure Problems and Solutions

Foreclosure Problems and Solutions PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 544

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Book Description


Foreclosure Problems and Solutions

Foreclosure Problems and Solutions PDF Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781983935794
Category :
Languages : en
Pages : 540

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Book Description
Foreclosure problems and solutions : federal, state, and local efforts to address the foreclosure crisis in Ohio : field hearing before the Subcommittee on Housing and Community Opportunity of the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, second session, June 16, 2008.

Foreclosure Problems and Solutions

Foreclosure Problems and Solutions PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 531

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Book Description


Examining Local Efforts to Address the Continuing Foreclosure Crisis

Examining Local Efforts to Address the Continuing Foreclosure Crisis PDF Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 164

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Book Description


Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts

Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts PDF Author:
Publisher: DIANE Publishing
ISBN: 1437941966
Category : Foreclosure
Languages : en
Pages : 27

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Book Description
This publication highlights MORE-sponsored projects designed to communicate best practices and information about innovative programs to improve conditions in neighborhoods affected by high rates of foreclosure. It also reviews initiatives undertaken by the various Reserve Banks and the Board of Governors to respond to the foreclosure crisis.

The Land Bank Revolution: How Ohio's Communities Fought Back Against the Foreclosure Crisis

The Land Bank Revolution: How Ohio's Communities Fought Back Against the Foreclosure Crisis PDF Author: Jim Rokakis
Publisher:
ISBN: 9781950843237
Category : Political Science
Languages : en
Pages : 166

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Book Description


Report to Congress on the Root Causes of the Foreclosure Crisis

Report to Congress on the Root Causes of the Foreclosure Crisis PDF Author: Christopher E. Herbert
Publisher: DIANE Publishing
ISBN: 1437929273
Category : Law
Languages : en
Pages : 83

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Book Description
Analyzes data and trends in the residential housing market and reviews the academic lit. and industry press on the root causes of the current foreclosure crisis (FC). Provides a review of policy responses and recommended actions to mitigate the FC and help prevent similar crises from occurring in the future. Contents: (1) Trends in Delinquencies and Foreclosures: Regional Trends in Foreclosures; (2) Lit. Review: General Lit. on Causes of Foreclosures and Delinquencies; Lit. Assessing Causes of the Current FC; Factors Enabling Expanded Risky Lending; (3) Policy Responses to the FC: Efforts To Address Rising Foreclosures; Efforts To Reduce the Risk of High Rates of Mortgage Foreclosures in the Future; Mortgage Market Reform. Illus.

Responding to Foreclosures in Cuyahoga County

Responding to Foreclosures in Cuyahoga County PDF Author: Kathryn Wertheim Hexter
Publisher:
ISBN:
Category : Cuyahoga County (Ohio)
Languages : en
Pages : 36

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Book Description
"Cuyahoga County, Ohio is at the epicenter of the foreclosure crisis. With close to 13,000 foreclosure filings a year since 2005, more than 10,000 vacant and derelict structures and thousands of homeowners losing their homes, the effects of the crisis will be long lasting and far reaching. In Ohio, County courts, agencies and departments have some level of authority and responsibility for virtually every step of the foreclosure process. So it is not surprising that the fifteen mayors of the First Suburbs Consortium2 turned to Cuyahoga County to help them address this crisis. In response, in August 2005, the Cuyahoga County Commissioners launched a broad Foreclosure Initiative with two potentially conflicting goals: making foreclosure proceedings faster and fairer to aid municipalities struggling with properties “in limbo” as a result of being stuck in the foreclosure pipeline and preventing foreclosures to aid residents who wanted to keep their homes. Since that time the Initiative has made measurable progress on both fronts. Understanding the successes and barriers of Cuyahoga County’s Initiative holds lessons for other cities and counties facing what may well be one of the most challenging urban issues of the Century." -- Summary from the abstract online.

Examining Local Efforts to Address the Continuing Foreclosure Crisis

Examining Local Efforts to Address the Continuing Foreclosure Crisis PDF Author: United States Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781978047082
Category :
Languages : en
Pages : 164

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Book Description
Examining local efforts to address the continuing foreclosure crisis: perspectives from Cleveland, OH : hearing before the Subcommittee on Domestic Policy of the Committee on Oversight and Government Reform, House of Representatives, One Hundred Eleventh Congress, first session, December 7, 2009.