Posted Wednesday, February 15, 2012
Featured on Episode of the 2011-2012 season
Ohio will share in a $25 billion settlement with the country's five biggest mortgage lenders. The lenders were accused of making bad deals and bringing on the foreclosure crisis. The money will be used to help current and former home owners. Ohio gets $335 million in the deal, and Attorney General Mike DeWine wants to use $75 million to demolish vacant homes that are bringing down values in their neighborhood. Ohio has tens of thousands of vacant, blighted homes.
Columbus Dispatch: Razing plans must be in gear to receive state funds
Plain Dealer: Cleveland covets mortgage settlement money for demolition of abandoned homes
National Mortgage Settlement
USA Today: Questions and Answers on the Mortgage Settlement
Bankrate.com: Banks make $25 Billion Settlement
More from New York Times
Please follow our community discussion rules when composing your comments.
View previous episodes in this year's school season
Having trouble playing or downloading this NewsDepth video? Check out our online video frequently asked questions page for help!
A variety of lesson plans for the classroom are available from our site.
A valuable source of current events for thousands of Ohio third through eighth grade students, this weekly news program helps teachers meet state academic content standards in language arts, social studies, and more while linking Ohio students with the world. Learn more about NewsDepth.
Rick Jackson has been the host of NewsDepth for several years. He is joined by co-host Michelle Kanu. They both work as reporters, producers and hosts at WVIZ/PBS ideastream in Cleveland. Learn more about Rick and Michelle!
Wednesday 7:30 PM
Friday 4:30 AM / 1:00 PM
Other Ohio Stations
Find out if your local station carries NewsDepth.
2012-2013 School Year Schedule
This year’s full NewsDepth schedule is available.
Idea Center® at PlayhouseSquare
1375 Euclid Avenue
Cleveland, OH 44115
NewsDepth is a production of WVIZ/PBS ideastream. NewsDepth is made possible in part by a grant from the Martha Holden Jennings Foundation.