LA Hoodwinked: How Big Banks are Cheating LA Neighborhoods

Banks are cheating families and ruining neighborhoods. Below is a map representing about 40,000 homes in the city of Los Angeles that are in some state of foreclosure. Several thousand are bank-owned and many of them are left abandoned -- a blight on our neighborhoods.

Tag the vacant foreclosure on your block and upload a photo and details. LA has a new complaint-based system that allows the city to collect $1,000 a day from banks that don’t maintain foreclosures. So if you’re upset that Wall Street banks have hoodwinked L.A. taxpayers, contribute to the map and make the banks pay.

This map was populated with bank-owned foreclosures (REOs) in Los Angeles using county data through March 31, 2010 and data for the San Fernando Valley through May 17, 2010. If a home on your block does not appear, please upload the address, but know that it may be in pre-foreclosure or not bank-owned. At the starting zoom level, each marker represents 75 foreclosed homes.

About You

About the Property

Property Attributes

Failure to post 24-hour contact information to report problems on the property.
Failure to post "This property closed to the public." (LAMC 41.24)
Garbage, debris, flammable or hazardous material inside the building.
Graffiti, excessive vegetation, garbage, trailers, or abandoned vehicles in the yard.
Unlocked doors, open/broken windows, damaged walls, or anything that could allow entry.
Grass/vegetation is not kept to the neighborhood standard.
Pool or hot tub that has not been drained or is not being kept clean and in working order.
There is still a family living in the property, but the utilities have been shut off.

How much do banks owe?

Risky decisions made by Wall Street banks plunged Los Angeles into financial misery and fueled a housing crisis that's cost homeowners a staggering $6 trillion since 2006. Read more »

The cost of a foreclosure

When a home is left vacant the cost to the city runs high. These properties attract crime and are vulnerable to arson and accidental fire, health and safety hazards. They also contribute to lower property values and lost tax revenue. Read more »

How do we fix this?

Fixing the mess the banks have created here in Los Angeles means cleaning up the blight they've left in our neighborhood. Read more »

Who we are

We're tired of banks hoodwinking the city into paying to maintain properties they own. We stand for strong communities. Read more »