Francis L. Keldermans

Francis L. Keldermans

Holland & Knight LLP

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Latest Publications


Chicago Continues to Aggressively Regulate Foreclosed Properties with New Requirements on Tenant Leases

In early June, the City of Chicago passed the "Keep Chicago Renting" ordinance (SO2012-5127), which requires that the owner of foreclosed properties offer existing tenants renewal of their lease or pay expenses to the tenant...more

6/28/2013 - Foreclosure Leases Local Ordinance Municipalities Relocation Assistance Tenants

Lenders Must Comply with New Foreclosure Requirements in Illinois Courts

Mortgage lenders in Illinois are required to use the judicial process to obtain collateral and enter deficiency judgments against borrowers. In February 2013, Illinois crafted two new rules adding additional requirements to...more

3/8/2013 - Collateral Deficiency Judgments Foreclosure Lenders Mortgages Robo-Signing

Lenders Subject to Administrative Enforcement of New Requirements for Unoccupied Mortgaged Real Estate in Cook County

Cook County, Illinois, which encompasses Chicago and dozens of surrounding suburbs, enacted an ordinance on December 14, 2011, requiring that within 30 days after a residence becomes vacant or 60 days after a default,...more

7/11/2012 - Foreclosure Mortgages

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