Marion Real Estate News
Real Estate news for Marion, OH continually updated from thousands of sources.
Wednesday Jan 11 | via Cleveland.com
The foreclosure crisis hit Ohio and Michigan hard. So to help them and other states, the federal government created the Hardest Hit Fund, an offshoot of a recession-era pool of money dedicated to keeping banks, the auto industry and the nation's economy from crashing. Comment?
Friday Jan 6 | via National Mortgage News
The ban, which was signed into law Wednesday by Ohio Gov. John Kasich, only applies to properties that are put into a court-appointed expedited foreclosure process. With the new law, Ohio becomes one of the first states in the country to pass such a ban. Comment?
Friday Jan 6 | via The Madison Press
The state became the first in the nation this week to outlaw the use of plywood on properties certified as vacant and abandoned. The prohibition was tucked into one of 28 bills signed Wednesday by Republican Gov. John Kasich. Comment?
Tuesday Jan 3 | via National Mortgage News
A 92-year-old bungalow near Goodyear Heights Metro Park in Akron sold for $1 at sheriff's sale on Dec. 16. The home at 483 Larkin Ave. was the first to sell so cheaply in Summit County since state lawmakers this summer tweaked the laws governing public auctions. The buyer, Citizens Bank, was the mortgage lender that pushed the homeowner into foreclosure. Comment?
Saturday Dec 31 | via Weirton Daily Times
APPLICATIONS: The Civic Leaders Fellowship Program will return for a fifth year. Comment?
4 min ago | via Reuters
Deutsche Bank has finalised a $7.2 billion settlement with the U.S. Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis. But, as Ivor Bennett reports, the banks troubles aren't over yet. Comment?
5 min ago | via Forbes.com
There's no question that today's technology can make it harder to be disciplined about saving for the future. If you have a smartphone and use it, you're bombarded with ads day and night; you know the temptation to make a purchase today is greater than ever. Comment?
7 min ago | via NorthJersey.com
U.S. accuses JPMorgan of mortgage discrimination in lawsuit The U.S. said the bank overcharged "thousands" of black, Hispanic borrowers. Check out this story on northjersey.com: http://usat.ly/2jyGw78 The U.S. government filed a lawsuit Wednesday accusing JPMorgan Chase of discriminating against "thousands" of black, Hispanic mortgage borrowers from 2006 through 2009. Comment?
16 min ago | via WAFB-TV Baton Rouge
Deutsche Bank is cutting its managers' bonuses for 2016, saying Wednesday that it needs to take "tough measures" in light of the company's performance and a settlement with the U.S. Justice Department. The management board said in a message to employees that vice presidents, directors and managing directors will receive group variable compensation but no individual bonuses for the financial year. Comment?
8 min ago | via The Cyprus Weekly
Wilbur Ross, President-elect Donald Trump's nominee for Commerce Secretary, has pledged to sell his stake in his main private equity firm and resign from corporate boards but will keep his interests in mortgage lending and shipping. In an ethics agreement published on Tuesday, the billionaire investor vowed to sell shares in Invesco Ltd, the parent company of W.L. Ross & Co, valued at up to $50 million. Comment?
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