Federal report slams Ohio for major delays in helping homeowners in foreclosure

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Federal report slams Ohio for major delays in helping homeowners in foreclosure

Federal report slams Ohio for major delays in helping homeowners in foreclosure

Cleveland-

WASHINGTON, D.C. — As thousands of Ohio homeowners faced foreclosure during the last decade’s financial crisis, the state came through, delivering millions in bailout dollars sent from Washington. But first, the homeowners had to wait. And wait some more.

The process was painfully slow, with Ohio homeowners waiting months to get help — and sometimes more than a year, a pace that made the state the worst in the nation for many delays, according to a report being released Wednesday by a federal inspector general.

“When you’re unemployed, you don’t have six months to wait for help, and you certainly don’t have a year,” Christy Goldsmith Romero, the special inspector general for the federal Troubled Asset Relief Program, or TARP, told the Northeast Ohio Media Group in a telephone interview.

[CLEVELAND]

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One Response to “Federal report slams Ohio for major delays in helping homeowners in foreclosure”

  1. victor v tohomas says:

    the fed should now go after NJ where there the governor stole the

    homeowners foreclosure help money and put it elsewhere rather

    then help homeowners in foreclosures. the feds should also look

    into foreclosure cases which are handle by the crook superior

    court judge Gerald escala of Bergen county NJ where he is

    handing homes to banksters that cant even prove they own the

    homeowners actual notes

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