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Illinois adds to list of authorized persons in Mortgage Act
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Legislative Developments
Wednesday, July 24, 2019
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Illinois Gov. J.B. Pritzker signed into law a bill to amend the Mortgage Act to add “a person authorized by the mortgagor, grantor, heir, legal representative or assign” to the list of those who may request that the mortgagee of real property make, execute and deliver an instrument in writing releasing a mortgage or deed of trust, as well as other amendments. Read on for more details.
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