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Real Estate & Property Law

: The Home Equity Theft Reporter

Cleveland Housing Non-Profit Files Suit Stalling Sales Of 36 Foreclosed Homes; Seeks Order Directing Lenders To Either Repair Or Demolish Structures

By r morris

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In Cleveland, Ohio, The Cleveland Plain Dealer reports: A Cleveland nonprofit group thinks it has found the legal tool needed to stop banks from dumping dilapidated, foreclosed properties back into the real estate market for pennies on the dollar.Cleveland Housing Renewal Project Inc., a subsidiary of Neighborhood Progress Inc., sued Deutsche Bank and Wells Fargo Bank in Cleveland Housing Court

Full post as published by The Home Equity Theft Reporter on December 17, 2008 (boomark / email).

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