In light of LA's lawsuit against alleged "slumlord" Deutsche Bank, how's it going with the city's foreclosure-blight-fighting program, which requires banks to register foreclosed properties? The AP describes dead dogs in yards and wormy sinks, and says that "despite the penalty of $100,000 fines for non-registration, the ordinance hasn't worked because it relies on banks to self-report the properties. 'There's been minimal compliance,' said [Deputy City Attorney Julia] Figueira-McDonough." Meanwhile, LA is considering more lawsuits: against US Bank, BNY Mellon, and HSBC. [AP]
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