Foreclosure Freeze OK’d

With swift unanimity, aldermen Monday ordered the city take a 30-day hiatus from moving to take people’s homes.

The 30-day moratorium was approved at Monday’s Board of Aldermen meeting though a fast-tracked method called unanimous consent.

The resolution came after an alderman discovered that the DeStefano administration has ignored an order to alert aldermen when someone in their neighborhood is being foreclosed on. It affects owner-occupied homes.

Now that the resolution passed, the city must stop filing any new foreclosure suits or following through on already-filed suits on homeowner-occupied properties for 30 days while it addresses that issue.

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