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Illinois Supreme Court: Mortgage Lien Can Survive After Foreclosure Deadline Expires

Illinois Supreme Court: Mortgage Lien Can Survive After Foreclosure Deadline Expires

by John G. Stevens | Sep 26, 2026 | Current News & Events, Mortgage Information, News

The Illinois Supreme Court has ruled that a mortgage lien can remain attached to property even after the deadline for filing a foreclosure action has expired, resolving a dispute over two separate time limits in state law that carry different consequences for lenders...
Hits and Misses for the Real Estate Week of June 29-July 3

Hits and Misses for the Real Estate Week of June 29-July 3

by Phil Hall | Jul 3, 2026 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

New board members at the American Real Estate Association, a cryptic social media message from the Opendoor CEO, and who’s to blame for the European heat wave? From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 29-July 3....
Supreme Court Rejects Trump’s Effort to Fire Fed Gov. Lisa Cook

Supreme Court Rejects Trump’s Effort to Fire Fed Gov. Lisa Cook

by Phil Hall | Jun 29, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump’s attempt to fire Federal Reserve Gov. Lisa Cook over allegations that she committed mortgage fraud was rejected by the US Supreme Court in a 5-4 ruling. Chief Justice John Roberts wrote the opinion for the majority, which included the court’s three...
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff

Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff

by Phil Hall | Feb 20, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
Supreme Court Rejects Trump’s Effort to Fire Fed Gov. Lisa Cook

Supreme Court Voices Skepticism Over Trump’s Effort to Fire Fed Gov. Lisa Cook

by Phil Hall | Jan 21, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The justices on the US Supreme Court were highly skeptical to the Trump administration’s arguments that the president has the authority to fire Federal Reserve Gov. Lisa Cook over unsubstantiated allegations of mortgage fraud that occurred before she joined the...
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