The Home Equity Theft Reporter: S. Florida Foreclosure Mill Faces Civil RICO Charges In Suit Seeking Class Action Status; Allegations Include Manufacturing Phony Mortgage Assignments

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Judicial Sale: Vacating before the Confirmation. The illinois mortgage foreclosure law, 735 ILCS 5/15-1101 et seq., strikes a balance between the competing interests of the mortgagee, mortgagor, and those who bid on foreclosed properties at judicial sales. Yet the precise weight of that balance was never clearly defined.

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