Ill. Senate Democrats: Martwick Advances Measure to Protect Homeowners From Unregulated Foreclosure Sales
April 12, 2024
April 12, 2024
SPRINGFIELD, Illinois, April 12 -- The Illinois Senate Democrats issued the following news:
To protect buyers, lenders and homeowners, State Senator Robert Marwick has advanced legislation that would lay out regulations for online foreclosure sales.
"Losing a home through foreclosure proceedings is one of the most difficult experiences a person can face," said Martwick (D-Chicago). "This legislation both permits and sets regulations for online foreclosure . . .
To protect buyers, lenders and homeowners, State Senator Robert Marwick has advanced legislation that would lay out regulations for online foreclosure sales.
"Losing a home through foreclosure proceedings is one of the most difficult experiences a person can face," said Martwick (D-Chicago). "This legislation both permits and sets regulations for online foreclosure . . .