More than 83,000 foreclosure cases were filed last year in Ohio.

The cost of devastation from abandoned property - an outgrowth of the foreclosure crisis - totals more than $63 million across the state. The bill includes foregone property taxes as well as the costs of fighting fires, boarding up homes and keeping lots clear of debris.

In the Cleveland area alone, the price tag tops $35 million, according to ReBuild Ohio, a collection of local government, nonprofit and civic groups concerned with the debilitating effects of vacant and abandoned property.

Read the rest of this story from the Plain Dealer...

• Foreclosure Assistance Program Gains National Attention
• Fannie Mae Introduces Mortgage Workout Option Designed to Help Delinquent Borrowers
• Loan Servicers Sign Compacts to Assist Ohioans in Avoiding Foreclosure
• Lawyers urged to give free help in foreclosure cases
• Mortgage Workouts, Now Tax-Free for Many Homeowners; Claim Relief on Newly-Revised IRS Form

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