Publications

Section Newsletter Articles on Mortgages

The aftermath of Cypress Creek—How newly-enacted HB 3636 affects commercial mortgage lenders By Thomas M. Lombardo Construction Law, January 2014 A real-world example of exactly how the recent changes to the Mechanics Lien Act affect a commercial real estate foreclosure with post-mortgage mechanics liens.
The aftermath of Cypress Creek—How newly-enacted HB 3636 affects commercial mortgage lenders By Thomas M. Lombardo Commercial Banking, Collections, and Bankruptcy, December 2013 A real-world example of exactly how the recent changes to the Mechanics Lien Act affect a commercial real estate foreclosure with post-mortgage mechanics liens.
The aftermath of Cypress Creek—How newly-enacted HB 3636 affects commercial mortgage lenders By Thomas M. Lombardo Commercial Banking, Collections, and Bankruptcy, December 2013 A real-world example of exactly how the recent changes to the Mechanics Lien Act affect a commercial real estate foreclosure with post-mortgage mechanics liens.
Aiding Illinois consumers victimized in mortgage rescue scams By Jennifer D. Franklin Commercial Banking, Collections, and Bankruptcy, August 2013 This article will assist attorneys representing victims of mortgage rescue scams in how to conduct a preliminary investigation in order to build their prima facie case and thus potentially survive a motion to dismiss or a motion to strike.
Cross-collateralization clauses in real estate mortgages redux By Timothy J. Howard Construction Law, June 2013 The recent Seventh Circuit court decision of Peoples National Bank v. Banterra Bank will change the use of junior mortgages in commercial real estate lending.
Aiding Illinois consumers victimized in mortgage rescue scams By Jennifer D. Franklin Antitrust and Unfair Competition Law, May 2013 This article will assist attorneys representing victims of mortgage rescue scams in how to conduct a preliminary investigation in order to build their prima facie case and thus potentially survive a motion to dismiss or a motion to strike.
Cross-collateralization clauses in real estate mortgages must comply with the Illinois Conveyances Act By Timothy J. Howard Construction Law, March 2013 In the case of Peoples National Bank, N.A. v. Jones, the district court held that a mortgage containing a general non-specific cross-collateralization clause did not secure any debt other than the balance due on the note specifically described in the mortgage.
Editor’s Column: Perspectives on the mortgage default mess By John T. Phipps General Practice, Solo, and Small Firm, December 2008 These are two pearls of Southern Illinois wisdom that come to mind as I listen to the news about the financial crisis we are in with regard to mortgage defaults and mortgage foreclosures.
Overview of Reverse Mortgages By Elizabeth W. Anderson Elder Law, February 2008 More clients have recently become interested in the options that a reverse mortgage may offer them.
Predatory lending—a perspective for the mortgage attorney By Celeste M. Hammond Corporate Law Departments, July 2001 Predatory lending practices are getting a tremendous amount of attention: in the press, in the title industry; in the mortgage banker industry; in the consumer industry; in Congress, state and local governments.