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Appellate Court of Illinois (Second District): No Commemorative Assignments in Foreclosures
It finally happened. After several disappointing decisions, the Appellate Court of Illinois has finally released a foreclosure-related opinion that I ...
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Sulaiman Law Group, Ltd.
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HAMP Study: Mortgage Servicers Could Have Done Better
A study recently conducted by economists from the Federal Reserve Bank of Chicago, Columbia Business School, the University of Chicago, the Office of ...
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Sulaiman Law Group, Ltd.
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FHFA Proposal Seeks To Penalize Illinois Home Buyers
The FHFA, which is the agency that oversees Fannie and Freddie, has proposed a mortgage surcharge for five states -- one of which is Illinois. Under ...
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Sulaiman Law Group, Ltd.
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Discover Settles With The CFPB -- Must Refund $200 Million to Customers
It wasn't too long ago that the CFPB forced Capital One to refund $210 million to its customers for misleading them about the cost of various optional ...
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Sulaiman Law Group, Ltd.
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Chicago Tribune: Mortgage Cops Are Coming For You
Last week, the Chicago Tribune ran this article. In the article, it is implied that homeowners who choose to strategically default on their mortgages ...
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Sulaiman Law Group, Ltd.
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Debt Collectors Using Local Prosecutors' Letterhead to Collect Debts
According to the New York Times, debt collectors in certain jurisdictions have been using the letterhead of the local prosecutor's office in order to ...
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Sulaiman Law Group, Ltd.
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What Is Force-Placed Insurance?
If you have a mortgage, then odds are that the mortgage provides for force-placed insurance. Force-placed insurance is a common feature in mortgages. ...
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Sulaiman Law Group, Ltd.
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Strategic Default Increasingly Common Among Baby Boomers
According to YouWalkAway.com, Baby Boomers are increasingly likely to strategically default on their mortgages. YouWalkAway surveyed its customers and ...
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Sulaiman Law Group, Ltd.
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