Created on Friday, 18 January 2013 Written by THE ASSOCIATED PRESS
COLUMBUS, Ohio (AP) — Ohio's attorney general says Friday is the last day for Ohioans to submit a claim to receive a payment under the national mortgage settlement.
Attorney General Mike DeWine says only about 58 percent of eligible residents have filed for the relief for people who lost their homes between Jan. 1, 2008, and Dec. 31, 2011.
Ohio received $335 million as part of the settlement struck last year between 49 states and the U.S. government and the nation's five largest mortgage servicers: GMAC (now Ally), Bank of America, CitiMortgage, JPMorgan Chase, and Wells Fargo.
Ohio was among states hardest hit by the mortgage crisis. Nearly one in three mortgage holders in the state owed more on their home loan than the property was worth at the time of the settlement.