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Illinois Foreclosure Law News

  • State officials provide mortgage help in Chicago Saturday, July 16, 2011 @ 12:24PMState officials in Illinois are urging homeowners who are struggling to pay their mortgage to take advantage of newly enacted legislation that can help them.
  • Hansen race takes odd twist Sunday, July 10, 2011 @ 11:09PMThe recall election that most people had expected in northeastern Wisconsin between legislative veterans did not materialize when the GOP candidate failed to obtain enough valid signatures on his nomination papers.
  • Fewer people are filing for bankruptcy Friday, July 8, 2011 @ 8:20PMAs household debt continues to shrink and banks are becoming more willing to work with homeowners on modifying loans, fewer people filed for personal bankruptcy in the first half of the year compared with a year ago.
  • Judge calls organizer of interstate prostitution ring 'a fraud,' sentences him to 12 years in federal prison Friday, July 8, 2011 @ 7:41AMDespite his claims to the contrary, Roger Sedlak was no ordinary pimp. His business, Diamond Escorts, was an interstate enterprise, federal investigators said.
  • Andrew L. Kraemer Recognized by Strathmore's Who's Who Worldwide Publication Tuesday, July 5, 2011 @ 8:00AMMr. Andrew L. Kraemer, of Merrillville, Indiana, has been included in the Strathmore's Who's Who Worldwide Edition for his outstanding contributions and achievements in the field of law.
  • Company in foreclosure document probe to dispute fine Thursday, June 23, 2011 @ 4:38PMPHH Mortgage Corp. said Thursday it will request a formal hearing from the Illinois Department of Financial and Professional Regulation to dispute the state's finding that its foreclosure procedures were faulty.
  • Mortgage Company Fined for False Foreclosure Documents Thursday, June 23, 2011 @ 3:06PMA mortgage company has been brought under fire for allegedly signing foreclosure affidavits by using someone else's name or closing on documents with the knowledge they would later by altered by its attorneys.
  • Prosecutor: Blagojevich a liar and a swindler, his testimony ‘absurd’ Wednesday, June 8, 2011 @ 9:46PMHer words were sharp, emphatic and clear.Rod Blagojevich was a liar. A cheat. A swindler. His testimony was “absurd” and “ludicrous.”Hands behind her back, Assistant U.S. Attorney Carrie Hamilton took great care to speak plainly to the jurors who soon will decide the former governor’s fate.A stoic Blagojevich sat up straight, hands folded, face blank as Hamilton painted the damning picture ...
  • Prosecutor: Rod Blagojevich a liar and a swindler, his testimony ‘absurd’ Wednesday, June 8, 2011 @ 9:46PMHer words were sharp, emphatic and clear.Rod Blagojevich was a liar. A cheat. A swindler. His testimony was “absurd” and “ludicrous.”Hands behind her back, Assistant U.S. Attorney Carrie Hamilton took great care to speak plainly to the jurors who soon will decide the former governor’s fate.A stoic Blagojevich sat up straight, hands folded, face blank as Hamilton painted the damning picture ...
  • Prosecutor sums up case agains Blagojevich, calls him liar and swindler Wednesday, June 8, 2011 @ 8:00PMHer words were sharp, emphatic and clear.Rod Blagojevich was a liar. A cheat. A swindler. His testimony was “absurd” and “ludicrous.”Hands behind her back, Assistant U.S. Attorney Carrie Hamilton took great care to speak plainly to the jurors who soon will decide the former governor’s fate.A stoic Blagojevich sat up straight, hands folded, face blank as Hamilton painted the damning picture ...
  • Prosecutor’s Closing Argument: Blagojevich ‘Lied To You’ Wednesday, June 8, 2011 @ 6:36PMFederal prosecutors began their closing argument in Rod Blagojevich’s corruption retrial on Wednesday, telling jurors that the former governor lied to them repeatedly during his seven days on the witness stand.
  • Blago Prosecutor Details 5 Shakedowns Wednesday, June 8, 2011 @ 3:24PMAssistant U.S. Attorney Carrie Hamilton started the prosecution's closing arguments in the Rod Blagojevich corruption retrial on Wednesday afternoon by pointing out that Blagojevich took an oath -- twice -- and she said he broke it.
  • Blago Prosecutor Starts Closing Wednesday, June 8, 2011 @ 12:39PMThe prosecution started to present their closing arguments in the corruption re-trial of Rod Blagojevich on Wednesday afternoon.
  • Five defendants indicted in North Shore development mortgage fraud scheme Wednesday, June 8, 2011 @ 12:07PMIt’s been two years since the precarious financing of Ed Renko’s giant failed development collapsed, but the machinations behind the 400,000 square-foot dream have now landed him in jail, along with several colleagues. Renko, 49, of Glenview; Gary Fishkin, 54, of Glencoe; Alexander Field, 42, of Northbrook; Kalliope Shaykin, 51, of Chicago; and Tatyana Furman, 41, of Northbrook were all involved ...
  • What's served by sending John Edwards to jail? Wednesday, June 8, 2011 @ 10:09AMWhat's served by sending John Edwards to jail?
  • New ‘gateway’ flowers are blooming bright Friday, June 3, 2011 @ 4:01PMThe flowers planted last summer along Davenport's East River Drive east of Mound Street are lookin' good.
  • Beyond just reacting to homelessness Wednesday, June 1, 2011 @ 4:36PMPointing to the DuPage PADS homeless shelter as a model, a Daily Herald editorial calls for a proactive approach to addressing homelessness.
  • Springfield Approves Chicago Casino, Gambling Expansion in Busy Day of Legislation Tuesday, May 31, 2011 @ 10:26AMIn a busy day for the Illinois General Assembly, legislation was passed approving a major expansion of gambling in the state, including a Chicago casino. [ more › ]
  • Illinois Senate approves gambling expansion Tuesday, May 31, 2011 @ 12:21AMA massive expansion of gambling in Illinois squeaked through the Illinois Senate on Tuesday and now heads to Gov. Pat Quinn, who has expressed reservations about a "top-heavy" bill that would install slot machines at the Illinois State Fairgrounds.
  • Don't cut up your credit card ... stocks Wednesday, May 18, 2011 @ 1:29PMThe nation's biggest banks are sitting out this year's market rally. But credit card companies? That's another story.
  • Don't cut up your credit card ... stocks - The Buzz Wednesday, May 18, 2011 @ 12:57PMThe nation's biggest banks are sitting out this year's market rally. But credit card companies? That's another story.
  • Bank begins foreclosure process over Lincolnwood’s Purple Hotel Wednesday, May 18, 2011 @ 10:53AMThe First Midwest Bank has begun foreclosure proceedings against the owner of the Purple Hotel for $4.2 million. The bank filed on April 26 with the Cook County Recorder of Deeds requesting repayment of the loan it previously had granted on the 293-room building at 4500 W. Touhy Ave., which is owned principally by Donald Bae of Skokie. Bae has been trying to sell the long shuttered property at ...
  • People in business Saturday, May 14, 2011 @ 2:27AMSalim E. Awad has joined Williams Venker & Sanders LLC as an associate. He is licensed to practice in Missouri
  • Inside jobs: Metro-east business news Saturday, May 14, 2011 @ 2:27AMSalim E. Awad has joined Williams Venker & Sanders LLC as an associate. He is licensed to practice in Missouri
  • Kelty withdraws as city corporation counsel nominee Wednesday, May 11, 2011 @ 11:26PMThomas W. Kelty, Springfield Mayor Mike Houston’s choice as top lawyer for the city, withdrew his name from consideration Wednesday after The State Journal-Register confronted him and the mayor with questions about Kelty’s background.
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, May 10, 2011 @ 6:06PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • Bank begins foreclosure process over Lincolnwood’s Purple Hotel Thursday, May 5, 2011 @ 9:11AMThe First Midwest Bank has begun foreclosure proceedings against the owner of the Purple Hotel for $4.2 million. The bank filed on April 26 with the Cook County Recorder of Deeds requesting repayment of the loan it previously had granted on the 293-room building at 4500 W. Touhy Ave., which …
  • Banks files foreclosure on Lincolnwood's Purple Hotel Wednesday, May 4, 2011 @ 2:48PMThe First Midwest Bank has begun foreclosure proceedings against the owner of Lincolnwood's Purple Hotel for $4.2 million.
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, May 3, 2011 @ 7:03PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • Soldier’s therapy bills safely behind him Saturday, April 30, 2011 @ 10:06PMDear Fixer: I am a retired staff sergeant from the U.S. Army . While on active duty in Kuwait during Operation Iraqi Freedom in 2003, I incurred an injury to both my knee and my back.Surgery was performed on my knee and two surgeries were done to my back. After surgery, I was required to undergo physical therapy at ATI Physical Therapy’s facility, where my U.S. Army medical benefits insurer ...
  • Welcome Home: Tips for first-time homebuyers Wednesday, April 27, 2011 @ 6:11PMRenting comes with benefits but if you're looking to say goodbye to your landlord and have your own white picket fence, there are ways to educate yourself to make the process of buying easier, as outlined in a recent class
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, April 26, 2011 @ 6:46PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • Milli Vanilli Movie in the Works Saturday, April 23, 2011 @ 4:35AM*Do you remember the long riding lip-syncing duo Milli Vanilli? Well, a movie about them has been in the works since 2007 and it may emerge pretty soon. German Oscar-winner Florian Gallenberger has been signed to write and direct the movie of the two posers, Rob Pilatus and Fabrice Morvan who made their living off [...]
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, April 19, 2011 @ 11:48PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • Simmons Law Firm Relocates National Headquarters to Alton, Illinois Wednesday, April 13, 2011 @ 12:52PMSimmons Browder Gianaris Angelides & Barnerd LLC announced today that it has completed the relocation of its national headquarters to historic downtown Alton, Ill.
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, April 12, 2011 @ 8:46PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • Tristate Regional News, Tuesday 4/12 Tuesday, April 12, 2011 @ 10:12AMIn Indiana, a convicted child molester is accused of trying to buy an unborn baby.   Police said Michael Overby, as well as his sister-in-law, Debbie Overby, tried to make the purchase from Rose Faucett.
  • Wells Fargo, Warren Buffett, and the Secret to Running a Bar in NYC Monday, April 11, 2011 @ 3:45PMA roundup of the day's headlines.
  • Ill. committee will determine foreclosure rules Monday, April 11, 2011 @ 3:42PMA special Illinois committee will help address foreclosure issues in the state by developing proposals that could help residents save their homes.
  • Ill. committee will determine foreclosure rules Monday, April 11, 2011 @ 3:39PMThe Associated Press The Associated Press SPRINGFIELD, Ill. A special Illinois committee will help address foreclosure issues in the state by developing proposals that could help residents save their homes. The Illinois Supreme Court says it is backlogged with thousands of pending foreclosures. In Cook County alone, there were 70,000 pending foreclosures at the end of 2010. The court says the ...
  • Ill. committee will determine foreclosure rules Monday, April 11, 2011 @ 2:00PMAssociated Press - April 11, 2011 2:44 PM ET SPRINGFIELD, Ill. (AP) - A special Illinois committee will help address foreclosure issues in the state by developing proposals that could help...
  • Top court forms foreclosure commission Monday, April 11, 2011 @ 1:41PMThe Illinois Supreme Court on Monday announced the formation of a special committee to investigate the fairness of mortgage foreclosures in Illinois and perhaps change the rules that govern the process.
  • Naperville man named to foreclosure committee Monday, April 11, 2011 @ 1:16PMNaperville resident Robert G. Gibson, a judge in the 18th Judicial Circuit in DuPage County, has been named to a special committee set up to study the judicial process for mortgage foreclosures.The Illinois Supreme Court announced the formation of the committee Monday. The group will study and formulate proposals to help those facing the loss of their homes and improve the judicial process in ...
  • Area landmarks make this year's endangered list Wednesday, April 6, 2011 @ 3:48PMBLOOMINGTON -- A Franklin Square Historic District house, three Streator Catholic churches and the former Ford County jail are among those making Landmarks Illinois' Ten Most Endangered List this year.
  • Banks Win Again: Weak Mortgage Settlement Proposal Undermined by Phony Consent Decrees Wednesday, April 6, 2011 @ 3:45AMhink I've ever seen anything so craven heretofore. As readers may recall, we weren't terribly impressed with the so-called mortgage settlement talks. It started out as a 50 state action in the wake of the robosigning scandal, and was problematic from the outset. Some state AGs who were philosophically opposed to the entire exercise joined at the last minute, presumably to undermine it. Not that ...
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, April 5, 2011 @ 7:16PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • NEW LAWS TAKE EFFECT JAN. 1 2011 Tuesday, March 29, 2011 @ 11:33PMNearly 200 new laws are scheduled to go into effect Jan. 1, 2011, among them pension reforms for most new public employees, limits on campaign contributions, joint nomination of candidates for the offices of Governor and Lieutenant Governor in primary elections, and changes to laws regarding the use of red-light cameras, according to State Sen. Tim Bivins (R-Dixon).
  • The Sandbagging of Elizabeth Warren (and 49 State Attorneys General) Monday, March 28, 2011 @ 6:05AMI don't know who is pulling the strings, but any objective look at the so called mortgage settlement negotiations shows that a lot of people are being played for fools. Precisely because Elizabeth Warren is being attacked so forcefully by the Wall Street Journal and other banking industry loyalists, too many of her erstwhile defenders are giving a free pass to the fact that the Administration ...
  • NHS Honors Chicago Community Leaders for Neighborhood Development Wednesday, March 23, 2011 @ 1:30PMChicago Partners - Attorney General Lisa Madigan, Real Estate Law Firm Pierce & Associates and Community Development Professional Jim Capraro - Receive Awards for Neighborhood Advocacy
  • Candidate profiles: Wards 6, 7, 8 Saturday, March 19, 2011 @ 11:34PMSeventeen candidates for Springfield alderman — 15 men and two women — will appear on the April 5 ballot.