Bill would force lenders to maintain Baltimore City?s foreclosed properties

With foreclosures climbing in the city, the Baltimore City Council wants to hold lenders responsible for maintaining the growing number of vacant and deteriorating properties.

“When the bank forecloses, it doesn?t usually transfer the title until after the property is sold again, so most of time we don?t know who the owner is,” said Councilman Robert Curran, D-District 3, sponsor of a bill that will be introduced at tonight?s City Council meeting.