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Real Estate & Property Law

: The Home Equity Theft Reporter

Federal Judge Again Boots Baltimore "Reverse Redlining" Suit Against Alleged Ghetto Loans Peddler; Extends Invitation To City For A 3rd Try

By r morris

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In Baltimore, Maryland, The Baltimore Sun reports:A complaint filed by the city alleging that Wells Fargo Bank is liable for lost property tax revenue because some houses that went into default were in poor condition was denied by a U.S. District Court judge Tuesday.Judge J. Frederick Motz dismissed the city's complaint, the second against the bank, alleging that vacant houses fell into disrepair

Full post as published by The Home Equity Theft Reporter on September 16, 2010 (boomark / email).

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