Four people are dead in two separate accidents in Central Ohio. In Pataskala, investigators say a head-on collision on East Broad took three lives. One vehicle crossed the center line. Early this morning, the driver of a pick-up truck was killed when he slammed into a tree in a residential area south of Route 104 [...]
Recommendations on How to Address Ohio’s Foreclosure Crisis
Banks across the U-S are cracking down on lending standards on sub-prime mortgages. In Ohio, government agencies are trying to help homeowners hold onto their houses.
The Federal Reserve said Monday banks are tightening rules on on sub-prime loans, adjustable rate loans with multiple payment options, interest-only and other types of mortgages.
Ohio has one of the nation’s highest foreclosure rates involving subprime and non-traditional loans. Statehouse Correspondent Bill Cohen reports, members of a special Ohio task force are recommending ways to soften the state’s foreclosure crisis