National Fair Housing Alliance Announces Suit Against Bank of America for SW Atlanta Foreclosure Policies

The suit claims that Bank of America failed to maintain foreclosed homes in minority neighborhoods.

The National Fair Housing Alliance has recently stated that they filed a discrimination complaint against Bank of America, for not maintaining foreclosed properties specifically in minority neighborhoods, including SW Atlanta.

According to reporting done by Rose Scott at WABE, "since 2009, officials with the National Fair Housing Alliance say Bank of America has been repeatedly warned about its lack of compliance in maintaining the properties."

The report goes on to state that at least 70 properties were researched in the local area, and the majority came back with failing maintenance grades. 

Southwest Atlanta residents are not new to seeing foreclosed homes and abandoned homes in the community, and have actually stepped up their own commitment to get code enforcement involved to tear down some of these dilapidated properties.

What IS new and interesting is that according to this report, it is indeed the bank's responsibility to keep up the maintenance of a Bank-Owned property.  The report and the National Fair Housing Alliance says that Bank of America has effectively ignored its properties in minority areas including Southwest Atlanta, South Dekalb County, and Stone Mountain.

Read the full report at Public Broadcasting's PBA.org

Marc Richardson (Editor) September 28, 2012 at 05:23 PM
If it is true that BoA deliberately looks to cut costs by not keeping up the foreclosed properties in minority neighborhoods, they have a real problem.
M Jernice Flowers September 29, 2012 at 08:40 PM
BOA has been crooks in my eyes for years sad to say. Even thou my FAM was then C&S=Citizens Southern, when (boa) brought them 1st, then Nations BANK 2nd. I've had to leave there bank ALONE. It want surprise/SURPRISE me if they are NOT a sly/private/slick/cunning sub-prime lenders/leasing company as well.
yaya October 29, 2012 at 02:17 AM
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