Against substantial REALTOR® opposition, the Cook County Board on Wednesday passed a measure making it a human rights violation for landlords to opt out of the federal Section 8 housing program.

Real estate recording fee STOPPED today

Senate Bill 1244 failed in a 6-4 vote on May 9 in the Illinois Housing of Representatives Housing Committee.

Real Estate Disciplines

Following are recent disciplinary actions taken by the Real Estate Division of the Illinois Department of Financial and Professional Regulation, http://www.idfpr.com/News/Disciplines/DiscReports.asp

LegalCase Studies

Illinois Appellate Court finds unconscionable a contract to obtain mortgage foreclosure surplus and explains new procedures to protect mortgagors. Crown Mortgage Company v. Young, 2013 IL App (1st) 122363. In this case, the mortgage on a widow’s home was foreclosed in 2004, yielding a $14,000 surplus that was not claimed. Eight years later, a company called Unclaimed Funds Unit, LLC (“Unclaimed”) notified the widow that she may be entitled to money that it had located.

A Winner for Your Business!

May 8-9 • Gateway Center, Collinsville

Schedule | Speakers & Session Descriptions

WEDNESDAY, MAY 8

8:00 a.m. - 5:00 p.m.
Registration Desk Open
Lobby

8:30 a.m. - 3:30 p.m.
Exhibit Area Open
Center Hall B