Illinois RealEstateRama

Chicago, IL - November 27, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan has sent a letter to the Federal Housing Finance Agency (FHFA), demanding the agency abandon a proposal that would unfairly penalize Illinois borrowers by tacking higher fees on new mortgages sold in the state.

Chicago, IL - November 20, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today joined 41 of her counterparts in calling on Congress to extend tax relief for homeowners who have mortgage debt canceled or forgiven because of financial hardship or declining home values.

Chicago, IL - November 19, 2012 - (RealEstateRama) -- In responding to the second report issued by the national foreclosure settlement’s independent monitor, Attorney General Lisa Madigan today outlined the direct relief Illinois borrowers have received as a result of the $25 billion settlement reached earlier this year with the nation’s five largest bank mortgage servicers over allegations of widespread “robo-signing” and other fraudulent practices involved in servicing loans of struggling homeowners.

JERSEYVILLE - November 15, 2012 - (RealEstateRama) -- For residents like maintenance worker John Boyd, Lexington Farms Subdivision’s wind and solar power yields utility bill savings to make living more affordable.

CHICAGO, IL - October 29, 2012 - (RealEstateRama) -- As communities across the country look for ways to rebuild in the aftermath of foreclosures, a number of them in Illinois are getting a boost from an innovative program that has been recognized for excellence at a national housing conference.

CHICAGO, IL - October 29, 2012 - (RealEstateRama) -- When James Thomas Henry lost his job a year after buying a new townhouse, the suburban Bloomingdale resident feared he might also lose his home because he wouldn’t be able to make his mortgage payments.

SPRINGFIELD - October 25, 2012 - (RealEstateRama) -- Property manager Anthony Jones understands what veterans at the new Fifth Street Renaissance Veterans Shelter have been through because he’s lived it, too

CHICAGO - October 23, 2012 - (RealEstateRama) -- Nearly 700 affordable rental apartments will be built across Illinois, increasing housing opportunities for working families, seniors and people with special needs and disabilities, thanks to the allocation of federal tax credits approved by the Illinois Housing Development Authority (IHDA) board.

Chicago, IL - October 18, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced a senior attorney in her office was honored by U.S. Attorney General Eric Holder for her leadership in securing a landmark $25 billion national settlement to help struggling homeowners.

SPRINGFIELD, IL - October 15, 2012 - (RealEstateRama) -- Illinois Department of Central Management Services (CMS) Director Malcolm Weems today announced that the state will donate boots, coats, sleeping bags and other gear to help thousands of homeless individuals stay warm during the upcoming winter season. CMS will donate federal surplus supplies valued at $1.1 million to the homeless through charities, homeless shelters, churches and other humanitarian organizations who enrolled in the surplus program

CHICAGO, IL - October 8, 2012 - (RealEstateRama) -- The Chicago area’s largest regional grant maker, The Chicago Community Trust, today announced $231,000 in grants to advance affordable rental housing.

SPRINGFIELD - October 4, 2012 - (RealEstateRama) -- While every household should have a disaster supply kit stocked with food, water, flashlights and batteries, homes with pets need to take additional steps when planning for disasters. Whether an emergency forces people to seek shelter within the home or evacuate, advanced planning can ensure the safety of your animals.

Chicago - September 21, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced she has filed five lawsuits in a sweep of fraudulent home repair businesses that cheated homeowners in Chicago and Central Illinois out of more than $365,000

SPRINGFIELD, IL - September 19, 2012 - (RealEstateRama) -- Home sales in the state rose 23.7 percent over previous year levels, part of a 14-month run of sales increases according to data released today by the Illinois Association of REALTORS®.

Chicago, IL - August 30, 2012 - (RealEstateRama) -- In responding to the first report issued by the national foreclosure settlement’s independent monitor, Attorney General Lisa Madigan today outlined the direct relief Illinois borrowers have begun to receive as a result of the $25 billion settlement reached earlier this year with the nation’s five largest bank mortgage servicers over allegations of widespread “robo-signing” and other fraudulent practices involved in servicing loans of struggling homeowners.