BOA JPM Evictions Held Up by Sheriff in Chicago (转载)# Stock
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发信人: rainnight (雨夜), 信区: Quant
标 题: BOA JPM Evictions Held Up by Sheriff in Chicago
发信站: BBS 未名空间站 (Tue Oct 19 15:49:10 2010, 美东)
Bank of America Corp., JPMorgan Chase & Co. and Ally Financial Inc.’s
GMAC will be suspended next week in Cook County, Illinois, which
includes Chicago, Sheriff Tom Dart said.
Dart said today he is halting evictions until he receives
assurances that they are legal. His decision, effective Oct. 25,
affects about 1,500 pending cases, he said.
“I need them to tell me that everything was done
properly,” Dart said at a press conference, referring to the
lenders. He is demanding affidavits to support the banks’ cases,
he said.
17 Complete:
Dart said his office reviewed 350 foreclosure cases and
only 17 had complete paperwork to justify an eviction. The
approximately 1,500 cases affected by Dart’s halt represent
about a third of the foreclosure evictions his office handles
each year, he said.
http://www.bloomberg.com/news/2010-10-19/chicago-area-sheriff-to-suspend-foreclosure-evictions-by-three-lenders.html?cmpid=yhoo
发信人: rainnight (雨夜), 信区: Quant
标 题: BOA JPM Evictions Held Up by Sheriff in Chicago
发信站: BBS 未名空间站 (Tue Oct 19 15:49:10 2010, 美东)
Bank of America Corp., JPMorgan Chase & Co. and Ally Financial Inc.’s
GMAC will be suspended next week in Cook County, Illinois, which
includes Chicago, Sheriff Tom Dart said.
Dart said today he is halting evictions until he receives
assurances that they are legal. His decision, effective Oct. 25,
affects about 1,500 pending cases, he said.
“I need them to tell me that everything was done
properly,” Dart said at a press conference, referring to the
lenders. He is demanding affidavits to support the banks’ cases,
he said.
17 Complete:
Dart said his office reviewed 350 foreclosure cases and
only 17 had complete paperwork to justify an eviction. The
approximately 1,500 cases affected by Dart’s halt represent
about a third of the foreclosure evictions his office handles
each year, he said.
http://www.bloomberg.com/news/2010-10-19/chicago-area-sheriff-to-suspend-foreclosure-evictions-by-three-lenders.html?cmpid=yhoo