In October of that year, Ohio's ban reached 90,000; it is 1 in 350 occupancy units! Ohio foreclosure claims, including reminders, foreclosure sales, and bank foreclosures, have made the state one of the highest foreclosures in the United States. Additionally, RealtyTrac's quarterly foreclosure market report in September showed that Ohio's foreclosure rate was up about 20% from the previous quarter. The reason for the ongoing problems with the Ohio ban is the rising unemployment rate in the state. To help homeowners defend their properties and restore stability to the area's housing market, the Ohio Housing Agency launched a mortgage assistance program called Restoring Stability: The Ohio Dream Rescue Initiative.

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The Ohio Housing Agency runs various federal government mortgage assistance programs in its state, including Obama's Make Your Home Affordable: The Biggest Fund. As a homeowner, if you are struggling to maintain monthly mortgage costs or have exceeded your due payments, this program offers financial grants to families in temporary and permanent financial difficulty. The Ohio Housing Finance Agency has received a budget of more than $550 million to fund various modifications to the home loan and refinancing program and other foreclosure plans proposed by OHFA.

Restoring Stability: The Ohio Save the Dream Initiative includes: Rescue Assistance, Partial Mortgage Payment Assistance, Principal Deduction Assistance, and Transition Assistance.

Rescue payments provide an incentive for mortgage lenders and service providers to transfer overdue loans to Ohio homeowners.

Partial mortgage payments pay off part of the mortgage to the unemployed homeowner while he or she is looking for a permanent job.

Assistance to convert capital reductions provides incentives for mortgage lenders and administrators to successfully reduce capital gains on home loans; make monthly mortgages more affordable.

Transitional allowances provide incentives for lenders and service providers that can help troubled homeowners short sell and get an immediate settlement.