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May

21

Mandel one of just three GOP to cross aisle in support of foreclosure relief bill


Kudos to Ohio 17 (my district) State Rep. Josh Mandel (R, Lyndhurst) for voting in favor of the Ohio house bill intended to halt foreclosure proceedings for six months. From the Plain Dealer:

House Bill 3, which resorts to a tactic last used during the Great Depression to buy time for homeowners, passed by a 54-43 vote after nearly three hours of charged debate on the House floor. Three House Republicans — including Lyndhurst Rep. Josh Mandel — joined majority-party Democrats in voting for the measure.

The freeze would apply to hundreds of thousands of home foreclosures already in Ohio’s system — essentially locking up the system for six months. Homeowners would still have to make monthly payments equal to at least half of their mortgages to be eligible for the moratorium.

Edited in: Bill Callahan indicates that the other two GOP House members were Ross McGregor (72nd district) and W. Scott Oelslager (51st district and term-limited).

Unfortunately, it’s not yet clear just how dangerous a crosswalk was made by the three GOP members:

The bill now heads to the Republican-controlled Senate, where it has an uncertain future. Senate Republicans are devoting full attention to the state budget for 2010-11 that is seriously out of whack because of plunging state revenues. 

Nevertheless, it’s a notable vote in general as well as for Josh.  Let’s see what kind of lobbying can be done by him with his senate counterparts, Tom Patton (my state senator) included, to get this thing done.

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By Jill Miller Zimon at 7:22 am May 21st, 2009 in Cleveland+, Economy, Housing, leadership, OH17, Ohio, Politics, Republicans, Statehouse 

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