Nice to see some public officials have a backbone
I ran across the news story below and felt like cheering. Apparently, the banks have - no surprise - not being doing their legal duty before evicting people from foreclosed homes. The Cook County sheriff has essentially said “enough is enough!”. Frankly, I couldn’t agree with him more.
I absolutely loved this quote from the Illinois Bankers Association:
“The reality is that by ignoring the law and his legal responsibilities, he is carrying out ‘vigilantism’ at the highest level of an elected official,” it said. “The Illinois banking industry is working hard to help troubled homeowners in many ways, but Sheriff Dart’s declaration of ‘martial law’ should not be tolerated.”
Bullshit. The sheriff is doing his job and saying that the banks must do theirs. If they haven’t met the legal requirements for eviction, he shouldn’t be evicting anyone. Period. End of story. He is in the right here; not them.
Illinois sheriff scolds banks for evictions of ‘innocent’ renters
CNN, 10-9-08