Ohio Leaders Want Money to Fight Foreclosures
Save Email Print
Bookmark and Share
Posted: 11:51 PM Feb 27, 2010
Ohio Leaders Want Money to Fight Foreclosures
Ohio leaders say the state was unfairly omitted from a new $1.5 billion federal program to fight mortgage foreclosures.
Reporter: The Associated Press
Email Address: news@wsaz.com
width:200 and height: 150 and picwidth: 200 and pciheight: 150
Font Size:

COLUMBUS, Ohio (AP) -- Ohio leaders say the state was unfairly omitted from a new $1.5 billion federal program to fight mortgage foreclosures.

President Barack Obama says the money is going to housing agencies in the five hardest-hit states of Arizona, California, Florida, Michigan and Nevada.

Ohio Attorney General Richard Cordray on Friday sent a letter to U.S. Treasury Secretary Timothy Geithner urging the administration to add Ohio. A record 89,053 foreclosures were filed in Ohio in 2009.

Phyllis Caldwell, who heads the Treasury Department Homeownership Preservation Office, says the newly announced program is part of a broader housing stabilization effort. She says Ohio has received more than $145 million in neighborhood stabilization grants.

Latest Comments

Posted by: Buckeye on Mar 2, 2010 at 06:52 PM

Hey Anonymous: Those people did overextend themselves even though they did lose jobs, looks like they didn't plan for the future. I keep reading in the news that all kinds of jobs are availiable in the tri state(census workers as an example), but I forgot they don't pay $100,000 per year so no one will take them. I do fully agree with Rousemount Resident in that every one should read the Bible, I think it states that you are supposed to carry your own load and support "only" those in need which would be very few. We all have to agree that welfare is way to big in America!
Posted by: Anonymous on Mar 1, 2010 at 10:02 AM

Hey Mr. Buckeye did you forget about all the people that has lost their job? Did you stop and think that maybe they didn't overextend themselves that had they not lost their job they would be fine? Don't be so judgemental you don't know the whole story. Like Rousemount Resident said EVERYONE READ YOUR BIBLE.
Posted by: MrObvious on Mar 1, 2010 at 06:27 AM

Well, doesn't look like anyone can explain why it is OK to TAKE from one citizen and give to another citizen. Perhaps they are beginning to understand that it is wrong. Perhaps that is why the Tea Party movement is gaining such ground.
More Stories
$250,000,000
Go to our mobile site | Make this your homepage (IE)
Live Feed Now on the Always On Channel

Local Events

Loading…
Events by eviesays.com
WSAZ Digital Business Search
Popular Searches
Powered by Local.com
Click here to send us your pictures and video pix@wsaz.com
WSAZ.com Most Popular / Most Comments
CNN.com News Headlines
WSAZ.com Sponsor Sections & Links
SOMC-Very good things are happening here SOMC
Very good things are happening here. Click here to learn more
Click here for closing and delays
Click here for school closings and delays
West Virginia Lottery nightly @ 6:59pm on WSAZ click here for numbers and drawings
Watch the Lottery Live Monday - Saturday @ 6:59pm on WSAZ NewsChannel 3. Need to check your numbers? Click here.
Ohio Lottery
Watch the Ohio Lottery Drawings weeknights @ 7:29pm and Cash Explosion Saturday @ 7:30pm on WSAZ NewsChannel 3.
WSAZ Children's Charitable Foundation
Click here to donate and help WSAZ help children at risk in our region. Thank you.
Making Moms LIfe Easier - with Diane Dimoff
Click here to see how our partners are making Moms and women's lives easier.
First Warning Hour-By-Hour Forecasts
+ Ashland, KY
+ Athens, OH
+ Beckley, WV
+ Charleston, WV
+ Clarksburg, WV
+ Clay, WV
+ Gallipolis, OH
+ Huntington, WV
+ Ironton, OH
+ Logan, WV
+ Morgantown, WV 		+ Paintsville, KY
+ Parkersburg, WV
+ Pikeville, KY
+ Pomeroy, OH
+ Portsmouth,OH
+ Ripley, WV
+ Spencer, WV
+ Sutton, WV
+ Wayne, WV
+ Wheeling, WV
+ Williamson, WV