Federal Reserve Bank of Cleveland

Getting Back in Gear

Federal Reserve Bank of Cleveland “Getting Back in Gear” Summit Draws Crowds

Activists, experts and people seeking to learn more about stalled and vacant foreclosures filled the tenth floor of The Federal ...
Estimating the Impact of Fast-Tracking Foreclosures in Ohio and Pennsylvania (Federal Reserve Bank of Cleveland)

Estimating the Impact of Fast-Tracking Foreclosures in Ohio and Pennsylvania (Federal Reserve Bank of Cleveland)

All the signs in the housing market seem to be pointing the right way, except the amount of time loans ...

Ohio’s housing woes require several big policy changes, Cleveland Fed says

May 22, 2013 [Teresa Dixon Murray, The Plain Dealer] Ohio has big obstacles before it can recover from the widespread ...

Long-Term Vacant Properties: Part 1 – How the Crisis Emerged (Mortgage Orb)

REQUIRED READING: The boom and bust in housing that is a hallmark of the recent economic cycle has resulted in ...

NewsChannel5 to air Building Better Neighborhoods primetime special on NE Ohio housing issues

November 29, 2012 [WEWS] CLEVELAND - NewsChannel5 will air it's second Building Better Neighborhoods live special, as part of it's ...

Cuyahoga County land bank appointees replace controversial members (Plain Dealer)

CLEVELAND, Ohio -- Cuyahoga County Executive Ed FitzGerald has appointed three new members to the county land bank's governing board, ...

Are Families Losing Homes Because They are Overvalued? (UPI.com)

Millions of homeowners have lost their homes to foreclosure because they owed more on them than they were worth. Now ...

Price drops driving real estae sales spike (Inman News)

Growth in home sales appears to be driven by the willingness of sellers to lower their prices rather than a ...
Overvaluating Residential Properties and the Growing Glut of REO (Federal Reserve Bank of Cleveland)

Overvaluating Residential Properties and the Growing Glut of REO (Federal Reserve Bank of Cleveland)

Swelling REO inventories are the latest fallout of the housing crisis, costing lenders money and contributing to neighborhood blight. Yet ...

Ending Land Speculation That Drives Blight: Change the System, Change the players (Huffington Post)

While many housing and community activists have long intuited that well-financed "vacant property speculators" were wreaking havoc in their communities ...
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Federal Reserve Bank’s Thomas Fitzpatrick Named to Land Bank Board

The members of the Cuyahoga County Land Reutilization Corporation (commonly known as the Cuyahoga Land Bank) Board of Directors charged ...

Former Cuyahoga Treasurer Jim Rokakis pushes for federal demolition assistance (Plain Dealer)

CLEVELAND, Ohio -- Money that Cleveland and its suburbs could get from the state for demolition would help, but proposed ...