Several hundred people gathered Tuesday night in east Columbus to protest a Missouri grand jury’s decision not to indict police officer Darren Wilson for shooting and killing Michael Brown in the St. Louis suburb of Ferguson.
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