ContractResidential Mortgage Loan Agreement • August 21st, 2014
SYLLABUS OF THE COURTResidential-Mortgage Loan Agreement • June 5th, 2009
{¶ 45} Based on the foregoing, we hold that a provision in a residential- mortgage contract requiring a defaulting borrower to pay a lender’s reasonable attorney fees as a condition of terminating pending lender-initiated foreclosure proceedings on a defaulted loan and reinstating the loan is not contrary to Ohio statutory or decisional law or against Ohio public policy.
