Skip to content

Wayne County treasurer rejects moratorium on foreclosures despite troubling study

Metro Times

Wayne County treasurer rejects moratorium on foreclosures despite troubling study

Wayne County Treasurer Eric Sabree is defying demands to impose a moratorium on owner-occupied home foreclosures after a study suggested the city is illegally overtaxing houses worth less than $35,000.

In a statement to Metro Times on Thursday, Sabree said he will not pause foreclosures amid calls from the Detroit City Council and activists to do so.

“This year, the number of foreclosed properties is notably lower compared to previous years,” Sabree said. “This decline can be attributed to homeowners being given time to catch up over the past 4 years, alongside increased availability of assistance programs and community outreach in the Wayne County Treasurer’s Office.”

Read full article

Additional Info

Source : Detroit Metro Times

Powered By GrowthZone