Brown Calls for End to Free Pass for Banks that Abandon Foreclosed Homes

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By New Jersey RealEstateRama -

CLEVELAND, OH – January 3, 2012 – (RealEstateRama) — After a bureau of the U.S. Treasury Department released new guidelines that amount to a free pass for banks to abandon foreclosed homes—fostering crime and leaving local taxpayers on the hook—U.S. Sen. Sherrod Brown (D-OH) today called for tougher standards to prevent the needless evictions of Ohio families and to forestall neighborhood blight.

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