Here's another "Attaboy" for the state of Ohio!                                         

The  Governor of Ohio (Ted Strickland) has worked out a pack (agreement) with Nine lenders to help try and solve his states foreclosure problems. The lenders are Carrington, Homecomings, HSBC, Ocwen, Option One, Select Portfolio and Litton.

These lenders are working with the state of Ohio to significantly modify the terms of adjustable rate loans that are approaching foreclosure. Here's yet another positive approach that a state is taking to help its constituents. I recently did a blog on Ohio's "Save the Dream" campaign (http://activerain.com/blogsview/451468/Ohio-s-Save-the) and now this is the second attempt by this state to do something about our Nation's Crisis!

 I hope this serves as a model for other states to take steps in the right direction. I applaud this Governor for giving a Da#n!                                                                                                              

So many of our states have yet to do anything about the state of our economy. Many are waiting on the current administration to bail them out! (Probably because of the "Bush Bail out program)? Which by the way isn't worth the paper it's written on!

None of the Federal Government programs have come close to Ohio's new partnership pack. They only have 9 lender for now, but i'm sure others will follow. Let's give Ohio a round of applause!

If your state is working on a program to help the foreclosure epidemic, I'd love to hear about it!