A recent ruling by the Illinois Appellate Court emphasizes the importance of sending proper notice of default to a borrower under a mortgage loan promissory note. In the case of Associates Asset Management, LLC v. […]
(August 2018) In the Georgia federal case of McGinnis v. American Home Mortgage Servicing, 901 F.3d 1282 (11th Cir. 2018), Jane McGinnis filed a lawsuit against Homeward (fka American Home Mortgage Servicing), which was responsible […]
The federal Truth in Lending Act (TILA) requires lenders to provide borrowers with clear and accurate disclosures of terms dealing with, among other details, finance charges, annual percentage rates of interest, and borrower’s rights. Failure to […]
There have always been victims and villains in the real estate industry over the years, but the financial crisis that ripped across the United States over the past several years has added to the problem. One Illinois law, […]
On Tuesday, November 16, 2010, Illinois Attorney General Lisa Madigan filed legislation designed to reform the foreclosure process to protect homeowners. According to AG Madigan, the “legislation is the first of its kind in the country to […]
Following up on the recent mortgage scandal that has rocked the industry, the lawyers at DeBlasio Law Group, LLC recently learned that a class action lawsuit was filed in a Florida federal court on November 4, 2010, on […]
On October 13, 2010, Illinois Attorney General Lisa Madigan announced her role in a multi-state investigation into all major loan servicers across the country and their foreclosure filings over deepening concerns that foreclosures were handled […]
On October 7, 2010, Illinois Attorney General Lisa Madigan demanded 23 additional loan servicers provide her office with information concerning the fairness and accuracy of their foreclosure procedures in courts across the state.