Methuen To Consider Requiring Vacant Home Registration By Foreclosing Lenders

In Massachusetts, The Eagle Tribune reports:

• The city of Methuen hopes a new foreclosure registration proposal could help officials prevent vacant buildings from falling into disrepair or being targeted by vandalism, crime or arson. The mayor wants to require banks and mortgage companies to register foreclosed properties and pay a fee to the city. He will present his plan to city councilors and the public at a workshop April 2 at 6:30 p.m. at City Hall. The city of Lawrence recently passed a similar law. The Boston City Council is also working on a similar proposal. [...] "The biggest problem with foreclosure is there's no one for us to talk to," said Councilor Joseph Leone. "The rules make somebody accountable. These buildings have to be controlled."

For more, see Proposal will make banks register foreclosed buildings.