Fri May 18, 2012
PoliticsOhio: DeWine Says Banks May Pay Ohio Even More
Ellen Belcher, who's filling in for Emily McCord, interviews Attorney General Mike DeWine about the $75 million he's awarding to counties in Ohio to tear down the tens of thousands of homes that have been foreclosed on and abandoned.
Montgomery County is eligible for $4 million; Greene County could get $700,000 and Clark County could take in $1 million.
The money comes from a $25 billion settlement that attorneys general across the country reached with five major banks in the "robo signing" scandal. DeWine explains how counties can tap the money -- and talks about more lawsuits that might be coming.