Wednesday, August 08, 2007

Boston Tenants Picket Deutsch Bank, Say Foreclosure Evictions Unfair

BostonNow reports:
  • "Protesters gathered outside Deutsche Bank's office in Beacon Hill [Monday], claiming the financial institution has been unfairly evicting residents of buildings in foreclosure. [...] Deutsche Bank said in a statement that it was not responsible for the evictions, saying the bank is only a "trustee" whose responsibility is "largely an administrative one." The bank said it intends to provide the tenant group with the names of those actually controlling the properties."

The tenants' gripe appears to revolve around the fact that they are being evicted from their (rented) homes, even though they have dutifully paid all the rent payments due pursuant to their rental arrangement with their now ex-landlord.

For more, see Tenants picket bank.