Brown Reveals How Ohioans Will Be Affected By Deal Requiring Banks To Pay $8.5 Billion To Homeowners Hurt By Mortgage Crisis

Brown Reveals How Ohioans Will Be Affected By Deal Requiring Banks To Pay $8.5 Billion To Homeowners Hurt By Mortgage Crisis

COLUMBUS, OH – January 15, 2012 – (RealEstateRama) — Today, U.S. Sen. Sherrod Brown (D-OH) revealed how Ohioans will be affected by this month’s deal requiring banks to pay $8.5 billion to homeowners who were hurt by the mortgage crisis. Brown was joined at Homeport by a central Ohio teacher, Jeanne Brigner, a homeowner whose bank initiated foreclosure proceedings despite her being up-to-date on mortgage payments. With the help of Brown’s office, Ms. Brigner is still in her home. Brown outlined legislation that would help the housing market and economic recovery by preventing foreclosures and keeping more Americans in their homes

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