Well, having just read an article of MA law regarding tenants and foreclosures, we feel much better. Under the law of the state, my rights far exceed the banks. I'm not required to even pay rent to anyone other than my old landlord and since he has fled the country, looks like I just got a raise!
They further state that even after an auction, the NEW owner cannot demand rent unless it's under the same conditions of my previous lease. Eviction is something that can only be ordered by a court of law so, for the time being, I'll be saving a few grand a month.....
The real losers in this ordeal are this guys three kids who he's abandoned and left with his ex-wife who is now 36K poorer because the guy hasn't paid child support either.