Cook County Sheriff Tom Dart announced this morning that he will not go through with mortgage foreclosure evictions by banks that have admitted to “questionable” foreclosure practices: JPMorgan Chase, Bank of America and GMAC/Ally Financial.
Sheriff Dart said that he will halt 1,300 foreclosure evictions starting Monday unless lenders can provide an affidavit proving that their foreclosures are legal. His decision stems from the recent admission by banks that their employees signed hundreds of foreclosure documents a day without reading what they were signing or making sure the foreclosures were justified.
This decision by Sheriff Dart comes on the heels of a press conference held by Action Now two weeks ago in which we called on the Sheriff to stop all foreclosure evictions until the banks could prove that they were legal.
Action Now would like to applaud Sheriff Dart’s decision to halt foreclosure evictions, which is a victory for Action Now members and foreclosure victims everywhere!
To read more about Sheriff Dart’s announcement, click on the links below:
“Sheriff Dart: No Evictions for Questionable Foreclosures” on FOX Chicago
“Sheriff Plans To Halt Foreclosure Evictions Again” in The Chicago Tribune
To read about Action Now’s press conference, click on the link below:
“Rally Against Foreclosure Based Evictions” in The Chicago Sun-Times