Newsroom

ILTA Newsroom

The Illinois Land Title Association is a depository for information of interest to its members at-large. This page is ever evolving to include updates on industry issues both local and national as well as a library of archived ILTA “E” news updates.

ILTA News

Newsroom

DS-1 Form Litigation Update

On May 20th, the Illinois Department of Financial and Professional Regulation (IDFPR) agreed to halt implementation of a new 2022 Disclosure of Financial Interest (DS-1) Form and revert to use of the 1997 DS-1 Form for the foreseeable future. Click here for the settlement agreement and click here for the related memorandum from IDFPR. In summary, the […]

Newsroom

Remote Notary Regulations Public Comment

On April 15th, the Secretary of State filed their First Notice of proposed regulations, which opened a 45 day period for public comment. See page 5 of the Flinn Report for a summary of the proposed rules and see page 5874 of the Illinois Register for the full filing. For background, remote notary legislation was […]

Newsroom

Anti-Predatory Lending Database

Since ILTA’s August 2020 Anti-Predatory Lending Database (APLD) webinar (click here), the association has continued to work on clarifications and online platform changes to help with industry compliance. In the fall of 2020 the Illinois Department of Financial and Professional Regulation (IDFPR) provided FAQ updates in response to some industry concerns (click here). Industry conversations […]

Newsroom

Remote Notary Regulations Filed

On April 15th, the Secretary of State filed their First Notice of proposed regulations, which opened a 45 day period for public comment. See page 5 of the Flinn Report for a summary of the proposed rules and see page 5874 of the Illinois Register for the full filing. For background, remote notary legislation was […]

Newsroom

Unlawful Restrictive Covenants

At the beginning of this year, a new state law went into effect allowing property owners to “execute and file a restrictive covenant modification to an unlawful restrictive covenant,” see Public Act 102-110. The legislation was largely motivated by interested homeowners supported by their legislators, see Daily Herald January 5, 2022, so the association worked to […]