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New York state AG targets mortgage servicer

The New York Attorney General's office has set its sights on two businesses owned by a company that services mortgages throughout the state. The office is opposed to Ditech Holding Corporation’s attempts to evade statutory protections and filed a brief in U.S. Bankruptcy Court for the Southern District of New York, AG Letitia James said. The AG has also been investigating another company owned by Ditech, Reverse Mortgage Solutions of Houston. Ditech currently has over 880 pending foreclosure…

Dayton-area home prices broke records in June

Home prices in the Dayton region continued to rise in June, with the average sale price reaching an all-time high. Sales of single-family homes and condominiums in the Dayton area totaled 1,529 last month, marking a 9 percent decline from the June 2018 amount, according to Dayton Realtors. However, the average price jumped to a record $195,303, a 6 percent increase from 2018. The median price also hit a new high at $170,000, a 7.5 percent increase from June 2018. A healthy housing market is a sign…

Columbus grants incentives for more than $500M in downtown development

Three major developments promising more than half a billion dollars in development around downtown have taken another step forward with approved incentive agreements from the city. Columbus City Council voted Monday night to approve deals for three projects that will bring much-needed additional housing and office space to the downtown area: A $210 million expansion of Arena District, featuring offices, apartments and additional parking. The $192 million North Market mixed-use tower that was…

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