News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Wayside Furniture

Hennes Paynter Communications


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Are Ohio homeowners getting their share of mortgage settlement?
Consumer advvocates push for mortgage settlement data
Story by LYNDSEY SCHLEY


 
In The Region:
Seventeen consumer advocacy groups sent a letter this week to U.S. District Judge Rosemary Collyer asking for details on how the National Mortgage Settlement is being distributed.

The settlement is a deal among state and local governments and the top five mortgage servicers. It provides $25 billion in relief for homeowners affected by fraudulent lending practices.

Deonna Kirkpatrick of Empowering and Strengthening Ohio’s People, a consumer-advocacy group, says data is released by state but not by area code, making it difficult to determine whether hard-hit and minority neighborhoods are getting their fair share.  

LISTEN: KIRKPATRICK ON SETTLEMENT

Other options:
Windows Media / MP3 Download (0:25)


“Time is of the essence because they (servicers) have a threshold that they have to meet. And once they’ve met that requirement and they are certified, they’re off the hook," Kirkpartick says. "They don’t have to change or go back and offer more relief. So it’s really critical that we see where the relief is going, that we get that data and that information so that if there is a problem, we can address it now.”

According to the National Mortgage Settlement monitor’s website, as of May 21, Ohio has received more than $360 million in consumer relief.

Listener Comments:

We lost 2 houses thru mo fault of our own husbanh has Ms but works making a 4th of what he did. I retired last year with some health issues. We live paycheck to pay check with ver little mone for food and all the meds hes on i cant get ANY ANSWERS FROM RUST OR NMS. It is now the 17th andno luck with checks. Ohio attorney wont help with answers either. We are in so in need if this money just like everyone is too please dont keep making us more frustrated then what we have all been thru.


Posted by: Linda Edel (New Mexico) on June 18, 2013 12:06PM
I'm lucky to even get mail in my mailbox. we have moved 4 times since '09.mail barely catches up with us .we missed the independent review mail,but luckily got the national mortgage settlement letter.we were forced to move,we took our dogs that we had for 13 years to a place that didntallow dogs.we were sued and lost $6900 witch we paid after living there less than 6 months.we moved into a slum lord house for a year, he was throwing our mail in the trash,no wonder we didn't receive independent review mail.We moved in with a "friend" who put our oldest dog down while my wife was visiting one of our daughters in Kansas and I was at work.We graciously moved into another friends 32' RV.25 miles from work I ran out of gas many times and was late a lot but I always made it.But I was fired after 25 years of service.We are now renting and this house is in foreclosure.we have lost mostly everything that we own to pawn shops,storage units and thieves.we are unemployed with no resources.Do you think we could get that check before we are forced to leave here.


Posted by: Gary (colorado) on June 4, 2013 12:06PM
are we the people ever gonna see any of this relief? I thought we were getting checks..... my mailbox is still empty.


Posted by: michelle (logan ohio) on June 3, 2013 12:06PM
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Stories with Recent Comments

Western Stark Free Clinic is set to close but to continue its role
WHAT OTHER DENTAL CLINICS AND MEDICAL CLINICS ARE IN THE CANTON AND MASSILLON, OHIO AREAS?

Three exonerated of murder convictions from 18 years ago
Thanks heavens that none of them have been condemned to death. This alons should convince the USA to join the civilized world by abolishing the death penalty. E...

Kombucha: a sweet business brewed with fermented tea
Stevia is not an artificial sweetener. It is a plant. I have one growing in my sunroom. The leaves are dried and added to teas. It's harvested commercially and...

Bringing back ballet in Cleveland
I do think Ballet in Cleveland is doing good things, but the fact that director says "When we have flourishing companies like the New York City Ballet and the A...

Report confirms some Vietnam veterans may have been exposed to Agent Orange
was in nam 1969 exposed va stated lost medical records was in lawsuit from 197? till settled 0 $ 2010 ? said all nam vets will get back disability till 198? jus...

Mentorship grant program redefines "faith-based" provision
Can't anyone have values, beliefs, and morals anymore? How is it anymore unconstitutional for a school partner with a "faith-based" organization than any other ...

Exploradio: The challenge of finding a healthy balance with technology
Thank you, Jeff, for another well done Exploradio. I always learn something interesting about what is happening in NE Ohio.

Northeast Ohio's transgender community rallies around restroom issue
A good first step would be for Cleveland to require restaurants to have a public restroom. Cleveland is the only city I've ever been in where restaurants somet...

Vapor shops say tobacco tax hikes could hit them hard
Maybe you should be DOING a study, since every time you've tried to villianize them all that's happened was the opposite. I'm not a fan of alcohol that's flavor...

New law gives access to birth records to Ohio adoptees
Can siblings also look for their missing brother or sister? And how do we go about it?

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University