News & Announcements

The New Era in Closings: CFPB Publishes Final Rule on Mortgage Disclosures

By: Gregory M. Kosin, President, Greater Illinois Title Company   The Consumer Financial Protection Bureau released its long awaited regulations last month that will change the way consumers shop for and close on residential real estate transactions. The new regulation combines disclosures required under the Truth in Lending Act and the Real Estate Settlement Procedures […]

Housing Market Index Bodes Well for the Home Building Industry

After being struck by the 2008-09 recession, the home building industry seems to be clawing its way back to success, and investors in the right companies could do well  in the coming years. When the the National Association of Home Builders/Wells Fargo Housing Market Index climbs above 50, homebuilders begin to expect better times ahead. So […]

Holiday Season

Holiday Wishes From GIT

In the true spirit of the Holidays, we would like to express to you our sincere thanks and appreciation for your business. We appreciate everything you do for Greater Illinois Title and we are very grateful for your loyalty to the company. We are very fortunate to live in a country that allows us to […]

GIT Employees - Lee National Denim Day

GIT – Lee National Denim Day

Today is Denim Day, one of the largest single-day fundraisers for breast cancer in the USA. Since its inception in 1996, Lee National Denim Day has raised over $80 million for the fight against breast cancer. Following the charity’s simple philosophy, “one day, one cause, one cure,” all of GIT employees were encouraged to wear […]

Chicago Title Industry Update – September 2012

The title industry is benefitting these days from the record low mortgage interest rates as many rush to take advantage of new historical lows. Although about one third of parties applying for a new loan are not approved due to credit or appraisal issues, many are taking advantage of locking into shorter term loans including […]