Rescuing NJ foreclosures: Lawmaker has proposal with potential
Foreclosures proliferated like so many mushrooms in the wake of the housing and mortgage collapse. About 150,000 houses are in some stage of the foreclosure process in New Jersey. Vacant and boarded up, these houses are a blight on their neighborhoods, an invitation to vandalism and crime, and a drag on property values. Families evicted from those houses still need affordable places to live.