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Protecting Tenants in Foreclosed Rental Properties

On June 5, the Chicago City Council passed the Protecting Tenants in Foreclosed Rental Property Ordinance, which is also known as the Keep Chicago Renting Ordinance, or KCRO. The KCRO requires that purchasers at foreclosure sales either offer tenants $10,600 …

Article: An Affirmative for MERS

Mortgage Electronic Registration Systems (MERS) has become something of a Rorschach test for critics of the mortgage industry. If you were to rely on portrayals in defense motions, a few outspoken judicial opinions, and a handful of attorney general lawsuits, …