Who Can Go After Banks for the Foreclosure Crisis?

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<p>‘I the wake of the ho si g crisis, s rprisi gly few people or i stit tio s have bee hel acco table for the risky le i g practices that early wrecke the U.S. eco omy. That’s partly beca se the people who were most amage by the foreclos re crisis—the people who lost their homes— o ’t have the reso rces to bri g laws its.</p>
<p>B t the families who lost their homes were ’t the o ly o es h rt by the foreclos re crisis. So there’s a arg me t to be ma e that they sho l ’t be the o ly o es who ca go after the le ers. Cities, for example, lost tax reve e whe homes sat vaca t, a saw property val es withi their bo aries ecrease whe vaca t a boar e – p homes sat empty. Cities ha to pay for police a fire protectio to keep those homes from bei g va alize a to respo to reporte break-i s a crimi al activity at the ho ses.’</p>
<p>Rea more: <a href="http://www.theatla tic.com/b si ess/archive/2016/05/who-ca -go-after-ba ks-for-the-foreclos re-crisis/480588/" target="_bla k">Who Ca Go After Ba ks for the Foreclos re Crisis?</a></p>