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L.A. Foreclosure Registry Struggles to Keep Track of Vacant Homes

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The Los Angeles City Council will soon vote on a measure that would charge banks a new fee to pay for inspections of foreclosed properties. That's to improve the city's tracking system that's supposed to crack down on lenders who fail to take care of vacant houses. L.A. remains littered with 4,000 rundown, foreclosed homes, but some say the city has a lot more than that.

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