Mortgage Foreclosure

 

Summary: Bank employee’s affidavit based on personal knowledge sufficient to establish the bank’s right to enforce a note secured by a mortgage for purposes of summary...

Public Act 98-0020 (SB 1674); Effective Date: 6/1/2013

 

Foreclosure Fees

 

Statutes Amended: 20 ILCS 3805/7.30 and 7.31; 30 ILCS 105/5.826 (new); 735 ILCS 5/15-1504.1...

Public Act 98-0514 (SB 56); Effective Date: 11/19/2013

 

Statutes Amended: 735 ILCS 5/9-121, 9-205, 9-207, 9-207.5 (new), 15-1202.5, 15-1224 (new), 15-1225 (new), 15-1501, 15-1506,...

Strict Foreclosure of an Omitted Subordinate Interest

 

Effective date: August 26, 2014

New statute: 735 ILCS 5/15-1603.5

 

The Act amends the...

Foreclosure: Special Representatives

 

Effective date – 01/01/2016

Statutes Amended – 735 ILCS 5/15-1501

 

The Act amends the Mortgage...

Cook County Recorder: Pilot Program on Foreclosure Recordings

Effective date: 01/01/2016

 

Any county with a population over 3,000,000 must establish a pilot...

 

Summary: Participating in a court ordered telephone settlement conference does not constitute an appearance to a foreclosure proceeding. A lack of notice prior to...

Summary: A partial appraisal by itself does not constitute a sufficient objection to a foreclosure sale.

Sewickley, LLC v Chicago Title Land Trust Co., 2012 Il App...

 

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