Foreclosures

Foreclosures

Madigan Bill Requires Lenders to Provide info to Help Struggling Homeowners Avoid Foreclosure

Legislation Headed to House Floor Chicago – Attorney General Lisa Madigan, State Representative Marlow Colvin (D-33rd) and State Senator Jacqueline Collins (D-16th) have initiated new...

Gov. Blagojevich Applauds Senate Committee Action on Landmark Homeowner Protection Legislation

New measure creates 60-day moratorium on foreclosure if families seek help SPRINGFIELD – The Homeowner Protection Act, Senate Bill 1998, first announced by Governor Blagojevich...

Chicago Foreclosure Activity Up 8 Percent in February

Chicago Foreclosure Rate Second Highest Among Top 5 Metros Illinois Foreclosure Activity Up 12 Percent IRVINE, Calif. – March 28, 2008 — The eight-county Chicago metropolitan...

JACKSON AND DALEY STRESS FORECLOSURE PREVENTION IN CHICAGO

HUD Secretary and Mayor encourage at-risk homeowners to attend city's "Borrower Outreach Day"  CHICAGO - Foreclosure does not have to be inevitable. That was the...

Credit Crunch Shifts Emphasis to Top-Notch Management Skills for Driving Commercial Property Values, Says...

CHICAGO, Feb. 4 /PRNewswire-USNewswire/ -- "As the sub-prime mortgage crisis depresses the commercial credit market, which until recently had fueled soaring real estate investment...

Bush/Paulson Plan is a Lump of Coal for Working Class Families

Chicago—The National Training and Information Center (NTIC) who released a study on Monday documenting new foreclosures in Chicago during the first half of 2007...

New Illinois Law to Help Protect Homeowners From Foreclosures

AARP-Backed Law Will Toughen Standards for Mortgage Brokers Takes Aim at Consumer Protections from Predatory Loans CHICAGO, Nov. 6 /PRNewswire-USNewswire/ -- In the midst of...

Governor Blagojevich signs anti-predatory lending law, announces borrower outreach initiative to help fight foreclosures

Statewide ban on predatory mortgage products, counseling and face-to-face lenders’ meetings will help families keep their homes SPRINGFIELD – As the nation’s foreclosure rate continues...

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

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Results of Customary and Reasonable Appraisal Fee Survey Are Now Available

Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign