KCK residents worry about apartments facing foreclosure


INVESTIGATIVE REPORTER MATT
FLENER WENT BACK TO TALK TO
RESIDENTS AT THE CRESTWOOD
APARTMENTS IN KCK, WHO SAY THEY
HAD NO IDEA. REPORTER: NEAR KANSAS CITY,S
CAN, THE CRESTWOOD APARTMENTS
RESIDENTS SAY THEY
HAD NO CLUE ABOUT FORECLOSURE
PROCEEDINGS ON THIS PROPERTY
UNTIL KMBC 9 STARTED INVESTIGATING THIS WEEK.>>WHEN IT’S WINTERTIME. IT’S FREEZING COLD IN HERE. WHEN IT’S SUMMER TIME IT RAINS
IN HERE. REPORTER: MOE WHO DIDN’T WANT
TO GIVE HIS
LIVES IN THIS ROACH
INFESTED. PEST-RIDDEN. BROKEN HEATING DUCT
APARTMENT. WHAT WOULD YOU SAY TO THE
OWNERS OF THIS PLACE.>>THEY AIN’T NO GOOD. THAT’S WHAT I WOULD SAY, AND
YOU SHOULDN’T TREAT PEOPLE LIKE
THAT. WHEN YOU GO HOME, I GUARANTEE
YOUR HOUSE DON’T LOOK LIKE
THAT. AND YOUR KIDS DON’T HAVE TO
LIVE LIKE THIS. REPORTER: UNTIL TODAY MO HAD NO
CLUE
FEDERAL MORTGAGE BACKER FANNIE
MAE HAS STARTED FORECLOSURE
PROCEEDINGS TO RECOUP A $2.5
MILLION LOAN TO THE OWNERS OF THE CRESTWOOD APARTMENTS. A COMPANY MANAGED IN PART BY
INVESTOR MICHAEL FEIN. FEIN’S COMPANY FAILED TO
MAINTAIN THE CRESTWOOD
APARTMENTS DEMANDING MORE THAN
$190,000 IN FIXES FOR LIFE
SAFETY ISSUES, CRITICAL
REPAIRS, AND DEFERRED MAINTENANCE. SO, YOU HAVE QUESTIONS.>>YES, I HAVE QUESTIONS, I
WANT
TO KNOW WHY WE GOTTA SEE THIS
ON THE NEWS, AND WE GOING OVER
THERE AND TAKING OUR RENT
MONEY. BUT YOU NOT TELLING US WHAT’S
GOING ON. REPORTER: TANITHA WALTH IS
FRUSTRATED,
JUST LIKE MOE. WONDERING WHAT’S NEXT AS THIS
PROPERTY FACES FORECLOSURE. DO YOU HAVE ANY OTHER PLACE TO
GO?>>NO. REPORTER: AS OF NOW, THERE’S NO
TIMELINE
FOR RESIDENTS ON WHAT MIGHT
HAPPEN WITH THIS FORECLOSURE,
BUT WE WILL ABSOLUTELY CONTINUE
TO NOLL CASE. IN KANSAS CITY, KANSAS, MATT
FLENER, KMBC9N

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