(Source: Bloomberg Business Week) – A state senator from the Bronx says banks are neglecting homes in foreclosure, leading to dangerous conditions for residents.Jeffrey Klein will release a report Monday that ranks the worst bank-owned properties in New York City. He says banks are ignoring a 2009 law that forced them to maintain properties during foreclosures.

Source: Bloomberg Business Week

August 1, 2011, 10:14AM ET

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