Municipalities Begin Putting The Screws On Eyesore-Owning Lenders

USA Today reports:

• As foreclosures mount around the country and vacated homes slowly turn into neighborhood eyesores, governments from California to Chicago to Rhode Island are cracking down on owners in a variety of ways.

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• At least 93 cities around the country have passed vacant property laws this year, according to Rob Hicks of FIS Field Services, a company that helps lenders manage properties that have defaulted and gone into foreclosure. According to the National Conference of State Legislatures, at least six states have passed or are considering similar laws this year.

For more, see More laws target owners of abandoned houses.