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Judicial Sale: Vacating before the Confirmation. The illinois mortgage foreclosure law, 735 ILCS 5/15-1101 et seq., strikes a balance between the competing interests of the mortgagee, mortgagor, and those who bid on foreclosed properties at judicial sales. Yet the precise weight of that balance was never clearly defined.

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Home Equity Jumps to $726 Billion Additionally, 384,000 borrowers moved out of negative equity, increasing the percentage of homes with positive equity to 93.7 percent of all mortgaged properties, or approximately 47.9 million homes. year over year, home equity grew by $726 billion, representing an increase of 10.8 percent in Q3 2016 compared with Q3 2015.

The Home Equity Theft Reporter: S. Florida Foreclosure Mill Faces Civil RICO Charges In Suit Seeking class action status; allegations include Manufacturing Phony Mortgage Assignments Categories FHA Loans

The Home Equity Theft Reporter: S. Florida Foreclosure Mill Faces Civil RICO Charges In Suit Seeking Class Action Status; Allegations Include Manufacturing Phony Mortgage Assignments We reverse the trial court’s summary judgment order because Frizzell did not waive her right to post-sale relief, and we do not reach Frizzell’s other claims.

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