Sunday, February 10, 2008

The Near-Destruction Of Atlanta's Historic West End

In Atlanta, Georgia, WXIA-TV Channel 11's Jaye Watson blogs about Atlanta's Historic West End, an area named the top zip code for mortgage fraud in the nation, and its near-destruction as a result of the abandoned homes resulting from questionable real estate deals. An excerpt from the blog:
  • The impact was profound. Along nine blocks of Lucile Avenue, there are 64 houses that are foreclosed from mortgage fraud. From [neighborhood resident Mark] Malaguerra's front porch, he can see almost a dozen houses that sit vacant, victims of fraud.

For more, see A Visit to Fraud's Zip Code.