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The difficulty in using existing law to obtain receivership led UMDC to push for passage of a new state law giving nonprofit community development corporations new powers to act as receivers of abandoned or foreclosed homes in distressed neighborhoods. [30] This legislation, Substitute House Bill 706, became law in 1984. [20] [31]
“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
Ohio. Pennsylvania. South Carolina. Vermont. Wisconsin. Non-judicial foreclosure states. States that allow both types of foreclosure—judicial and non-judicial—include: Non-judicial foreclosure ...
In 1978 the house was listed on the Ohio Historic Inventory maintained by the Ohio Historic Preservation Office. The house had a number of owners over the years, fell into disrepair, was cosmetically rehabbed by house flippers who purchased it after foreclosure, and today is owned by Steven and Mary Solomon.
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In Youngstown, Ohio, Pig Iron Press business owner alleged that ATF foreclosed upon his business without giving him recourse to challenge the action or offer repayment options. [8] According to public record, in 2010 ATF did file a foreclosure action on both the owner's Youngstown business address and his personal residence in Boardman, Ohio ...
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