Durbin Bill to Stem Record Foreclosures Included in Obama’s Housing Plan
March 3, 2009 Posted by Illinois RealEstateRama
CHICAGO, IL - March 03, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL) today called for passage of his Helping Families Save Their Homes in Bankruptcy Act, a bill he re-introduced in early January and named one of his top legislative priorities of the year.
Agreement Reached With One of the Country’s Biggest Mortgage Lenders on Bankruptcy Reform
January 12, 2009 Posted by Illinois RealEstateRama
WASHINGTON, D.C. - January 12, 2009 - (RealEstateRama) — U.S. Senator Dick Durbin (D-IL), with Congressman John Conyers (D-MI), Senator Chris Dodd (D-CT), Chuck Schumer (D-NY) and Congressman Brad Miller (D-NC) announced that an agreement was reached with Citigroup today, on legislation that will allow homeowners at risk of foreclosure to alter the terms of their mortgages in bankruptcy
Turnaround Pros See Housing Crisis Lasting Through 2008
December 28, 2007 Posted by Illinois RealEstateRama
Homebuilding and Mortgage Lending Industries Likely To Face Most Trouble
CHICAGO, Dec. 28 /PRNewswire/ — Still unfurling, the housing crisis of 2007 is the source of the top three picks by turnaround professionals predicting the most distressed industries in 2008.
