Bank of America: Chicago’s Biggest Forecloser

It’s no secret that foreclosure is a problem in Chicago. Most every street is dotted with at least one or two boarded up homes or buildings, victims of a housing crisis that’s hit every corner of the city.

But who owns those foreclosed homes? National People’s Action set out to find out and just released a report with the results. Bank of America, they say, owns one of every five new foreclosure filings in the city.

Read the blog post here.