ESOP holds foreclosure and housing crisis town hall meeting in Akron

AKRON, Ohio - The foreclosure and housing crisis seems unending, especially for Ohio homeowners.

Many northeast Ohioans have seen the damaging impact of predatory lending, a foreclosure epidemic, and underwater mortgages first-hand.
 
Across the nation, nearly a quarter of homeowners owe more on their mortgage than their home is worth. Estimates of the national "debt overhang" afflicting our housing markets range from $700 billion to over $1 trillion. Many people across the country are bound to their mortgage lenders, preventing the rebound of the housing market and stalling an economic recovery.
 
With this in mind, Empowering and Strengthening Ohio's People (ESOP) is hosting #MyHomeMyVote Town Hall on Thursday, August 23, 2012, at 6:00 pm at Akron-Summit County Public Library at 60 South High Street, Akron.

ESOP hopes to unite Ohio homeowners with state and local elected officials and policymakers, to discuss this current situation and how the country can work together to rebuild our housing market.