The House Oversight and Government Reform Committee is investigating Washington, D.C., officials over their method of foreclosing on properties whose homeowners have failed to pay their property taxes.
The committee is investigating the city’s practice of selling tax liens to third-party investors, who can charge up to 18% annual interest on the property tax debt and file a foreclosure complaint on the home after just six months.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.