Household Bank, FSB v. Lewis

Chief Justice Thomas and Justices Freeman, Fitzgerald, Kilbride, Garman, and Burke concurred in the judgment and opinion.

OPINION

The issue in this case is whether the Illinois Mortgage Foreclosure Law (735 ILCS 5/15 — 1101 et seq. (West 2004)) permits a circuit court to vacate a judicial sale at the mortgagee’s request where the mortgagor has succeeded in finding her own buyer for the subject property, with the mortgagee’s approval, after the statutory-redemption period has expired but before the judicial sale has been confirmed. The circuit court of Cook County believed that it does and…