Action Now continued its aggressive pursuit for banks to maintain
foreclosed properties Tuesday morning, when they protested outside
Fannie Mae’s regional headquarters and demanded a meeting with Federal
Housing Finance Agency (FHFA) Director Edward DeMarco.
Last week, FHFA
filed a lawsuit to exempt Fannie Mae and Freddie Mac from Chicago’s
Vacant Property Ordinance, which requires that banks clean up and secure
the properties banks own due to foreclosure.
Read more »