[PDF] Facing The Foreclosure Crisis In Greater Cleveland eBook

Author :
Publisher :
Page : 25 pages
File Size : 20,25 MB
Release : 2009
Category : Foreclosure
ISBN :

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"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].

Author : United States House of Representatives
Publisher :
Page : 164 pages
File Size : 40,33 MB
Release : 2019-10-09
Category :
ISBN : 9781698372051

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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.

Author : United States Congress
Publisher : Createspace Independent Publishing Platform
Page : 164 pages
File Size : 48,98 MB
Release : 2017-10-07
Category :
ISBN : 9781978047082

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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.

Author : Christopher E. Herbert
Publisher : DIANE Publishing
Page : 83 pages
File Size : 21,11 MB
Release : 2010-06
Category : Law
ISBN : 1437929273

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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.