The Importance of Spotting (and Curing) Title Defects Before they Rear their Ugly Head

While Illinois foreclosure courts continue to grapple with traditional foreclosure defenses like standing and the admissibility of affidavits and business records....


Several Illinois foreclosure provisions sunset...but will they rise again?

Certain borrower-friendly amendments to the Illinois Mortgage Foreclosure Law ("IMFL")—added at the beginning of the recent foreclosure crisis


Illinois Case Update - First District Clarifies Acceleration Letter Ambiguities for Lenders

In CitiMortgage, Inc. v. Hoeft, 2015 IL App (1st) 150459 (1st Dist. Aug. 17, 2015), the Illinois' Appellate Court clarified an issue occasionally raised by borrowers attacking the sufficiency of acceleration letters sent out by lenders—that acceleration letters identifying both the amount required to cure a default and mentioning additional charges that might accrue (like regularly scheduled payments and late charges) creates ambiguity as to the amount required to cure the default.