Tag Archive: "Ohio"
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Ohio Amends the Foreclosure Process for Properties Vacant and Abandoned
The state of Ohio has amended provisions regarding its judicial foreclosure process as part of a bill signed by the governor on June 28th, 2016. Though the bill amends, enacts, and repeals many provisions, the scope of this article will focus on provisions that were enacted to improve the process of foreclosure.
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Ohio Passes New Legislation Allowing Temporary Loan Originator Licenses
by: Emily Ross, Esq.The Ohio Division of Financial Institutions recently adopted regulations detailing the issuance of temporary Loan Originator Licenses for out-of-state loan originators new to the state. Ohio Admin. Code 1301.8. These new regulations further define the regulations allowing temporary licenses passed by the General Assembly that went into effect in March of 2013. […]
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Recent Changes to Ohio Mortgage Lending Laws
by: Emily Ross, Esq., Associate CounselChanges to Ohio Law under House Bill 479 With Substitute House Bill 479 (“HB 479”) the Ohio Legislature amended and enacted large sections of the Ohio Code. Some important changes cover such varied topics as the recording of personal property transfers, the intersection of non recourse loans and post solvency […]