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The article reports that U.S. District Court Judge Christopher Boyko of Cleveland, Ohio, has dismissed 14 foreclosure suits brought by mortgage investors against homeowners. The judge ruled that the investors had failed to prove they owned the properties they planned to seize. The ruling indicates that the complex structure of securities based on mortgages may effect the ability of investors to recover any losses created by homeowner defaults.

Focuses on the factors causing the loss of the stocks of Norman Huff, retired employees at the East Ohio Gas Co. Total retirement account of Norman Huff; Efforts of Norman Huff to file an arbitration case against Michael G. Dobbins, vice president and broker at the local branch of Prudential Securities Inc.; Details on the decision of the judge over the case.

When Ohioans head to the polls Tuesday to vote in one of the nation's most scrutinized presidential primaries, Mark and Gina Wellman of Circleville, Ohio, will be watching another vote -- what buyers are bidding for the house they built themselves when it goes on the sheriff's auction block. The auction is scheduled, even though the lender forcing the sale was not the owner of the note underlying the mortgage when the lender began foreclosure proceedings in 2002. [ABSTRACT FROM PUBLISHER]

The article reports that judge Thomas M. Rose has demanded documentation in foreclosures from lenders to prove their ownership of properties they intend to seize from troubled homeowners in Ohio. Rose's verdict indicates that courts are getting tougher on lenders foreclosing on delinquent borrowers without offering proof of ownership.