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.

Akron General

Meaden & Moore

The Holden Arboretum


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

Study shows raising the cigarette tax a dollar could raise $342 million
So, it takes an expert to tell us raising the tobacco tax raises the revenue for the state? Doh. By the way, any one who was going to quit smoking probably alre...

Akron's Highland Square celebrates community spirit and public art
Both Donna and her husband, Joseph are both such amazing art talents! The photos look stunning! I must get down to Angel Falls for an in-person look. I just l...

Pluto: Another off-season, another Browns quarterback conundrum
The Browns do need a draftable QB for the future. Johnny Manziel needs to go and that leaves Brian Hoyer and Connor Shaw. Free agency doesn't really have any so...

Exploradio: Improving the lives of paralyzed people
God bless you doctor. I hope to be alive the day that humans, like me, can use the results of your search...

Nature and nourishment down by the river at the Metroparks' Merwin's Wharf
I love QUICKBITES! I look forward to it every week. One question: is it possible to include a link to the restaurant or store that you profile? Thanks!

Canton's proposed Timken-McKinley school merger is drawing spirited debate
From a sports opinion Varsity would have a lot more talent to choose from So Im sure varsity sports would improve.Also Timkens name would be much more published...

Canton school board will decide whether to merge high schools
I really hope we can save those jobs, usually we try to cut budgets but the demand is still the same. Then we look bad a year or two after the descion is made. ...

FirstEnergy wants PUCO guarantees on nuclear and coal prices
Would just comment that the plant has admitted the following (as reporting in the Akron Beacon Journal): "The utility has said it may have difficulty keeping t...

Mozzarella's easy when you have a way with curd
Hello, Where can I get such a heater that you have? Does it hold temperature that you set? What brand and model is it? Thank you in advance!! :)

Pluto: A healthy LeBron James is the key for the rocky Cavs
It's time to back our Cleveland professional teams through thick and thin. I've seen management, players and coaches come and go and it hasn't changed a thing. ...

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