Banks Letting Foreclosed NYC Homes Fall Into Dangerous Disrepair

Banks Letting Foreclosed NYC Homes Fall Into Dangerous Disrepair

Though New York City real estate remains at a relative premium, a new report says that banks have ignored the upkeep of thousands of seized foreclosure properties, allowing them to fall into horrid levels of disrepair. [More]

http://consumerist.com/2007/11/14/deutsche-bank-tried-to-foreclose/

Deutsche Bank tried to foreclose on 14 properties in Ohio, but the federal court judge determined that the bank couldn’t sufficiently prove that it actually owned the mortgage notes, and dismissed the case. [IamFacingForeclosure]