TITLE INS-MORTGAGE ASSUMPTION House SponsorsRep. Pam Roth 1/8/2013HouseSession Sine Die 215 ILCS 155/24.6 new Amends the Title Insurance Act. Provides that a corporation authorized to do business under the Act shall notify, in writing, the mortgagor and the third-party involved in a mortgage assumption transaction that when the mortgage is being assumed by the third-party and the third-party fails to pay the mortgage, the mortgagor may be responsible for the mortgage. Effective January 1, 2013. 2/9/2012HouseFiled with the Clerk by Rep. Pam Roth 2/15/2012HouseFirst Reading 2/15/2012HouseReferred to Rules Committee 1/8/2013HouseSession Sine Die