Servicing

Bill will propose funding foreclosure teardowns with government bonds

A bipartisan coalition in Congress has a plan to pay for the bulldozing of dilapidated foreclosures that poison city neighborhoods around the nation.

A bipartisan coalition led by U.S. Rep. Steven LaTourette, R-Ohio, plans to introduce legislation in the next two weeks to fund an innovative demolition program through the issuance of government bonds. Read more about the coalition’s plans in the Cleveland Plain Dealer.

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3d rendering of a row of luxury townhouses along a street

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