« U.S. Weighs Takeover Plan for Two Mortgage Giants | Main | Interthinx Forms Strategic Alliance With iMortgage Services »
July 11, 2008
Deutsche Bank Is Sued Over Vacant Homes
The nonprofit community development group Price Hill Will has filed suit against Deutsche Bank AG in state court in Hamilton County, Ohio, accusing Deutsche Bank National Trust of failing to maintain foreclosed properties and creating blight in Cincinnati's Price Hill neighborhood. The organization wants Deutsche Bank to pay damages and wants the court to force the company and other financial institutions to ensure that vacant properties comply with building codes.
Posted by S. Germain at July 11, 2008 08:09 AM