Contact: Matt Laible, 612-673-2786
City secures foreclosed home, tells Freddie Mac to take responsibility for property
May 29, 2012 (MINNEAPOLIS) Minneapolis Police today secured a foreclosed home at 4044 Cedar Ave. S. by boarding it up. At the direction of Mayor Rybak, Minneapolis City Attorney Susan Segal reached out to Freddie Mac to say that the City is not in the foreclosure business. “The City plays a limited role to protect public safety. The property is the responsibility of its owner,” said Segal. In this case, the City has fulfilled its legal obligation to secure the property.
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Published May 29, 2012