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: The Home Equity Theft Reporter

Lenders To Find Themselves In Crosshairs Over Premature, Illegal Evictions Of Foreclosed Homeowners

By r morris

In Chicago, Illinois, Chicago Public Radio reports:[Sam] Frazier's house had been sold at a foreclosure auction just the day before he was locked out of it. But in Illinois, that sale doesn't automatically transfer ownership of a house. A judge still has to issue an order that confirms the sale was done properly, and also to say how much longer the homeowner may continue to live there -- usually

Full post as published by The Home Equity Theft Reporter on May 31, 2010 (boomark / email).