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Chicago Mortgages

A collection of news and information related to Chicago Mortgages published by this site and its partners.

Top Chicago Mortgages Articles

Displaying items 100-110
  • Mortgage lenders offer states new terms for draft settlement over foreclosures

    Mortgage lenders offer states new terms for draft settlement over foreclosures
    The nation's five largest mortgage lenders have offered a draft settlement to pay out as much as $25 billion to cover new terms for homeowners driven out by foreclosure, but government officials said Monday the states won't be able to close the deal...
  • Read President Obama's State of the Union Address

    Read President Obama's State of the Union Address
    Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to the...
  • FULL TEXT: President Obama's State of the Union Address

    The following are the remarks of President Barack Obama, as prepared for delivery. Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed home some of...
  • Contingency sale offers becoming more acceptable

    Contingency sale offers becoming more acceptable
    For homeowners looking to upgrade — or downsize — their residences, it's a difficult chicken-or-egg question: Which comes first, buying a new place to live or selling an old one? Each situation presents a potentially thorny set of issues. Buy...
  • Settlement announced over Countrywide loans

    Settlement announced over Countrywide loans
    WASHINGTON—Illinois Atty. Gen. Lisa Madigan and federal officials today announced a $335 million national settlement with Bank of America stemming from former mortgage giant Countrywide allegedly steering minority borrowers into subprime loans and...
  • Finding the perfect ally to help you sell your home

    Finding the perfect ally to help you sell your home
    Like many homeowners, John Kennedy bought his Chicago condo when home prices were high. But when he got married and wanted a bigger place, selling his condo seemed out of the question because he owed more on his home than it was worth. The solution for...
  • DuPage women get 10 years each in mortgage scam

    Two DuPage businesswomen who illegally used money from customers at their Wheaton title company for their personal use each were sentenced today to 10 years in prison and ordered jointly to pay $1.8 million in restitution. Pamela Williams, 58, of Darien,...
  • The feds investigate the mortgage mess: What took so long?

    The feds investigate the mortgage mess: What took so long?
    In this week's State of the Union address, President Obama announced to cheers the formation of a new Justice Department unit tasked with going after the big banks and mortgage companies whose reckless lending led to the collapse of the housing market and...
  • $25B for US in multi-state mortgage settlement

    $25B for US in multi-state mortgage settlement
    At long last, help has arrived from the federal and state governments for victims of the mortgage crisis. Billed as the largest joint federal-state settlement the country’s ever seen, -- $25 billion in total -- there’s $1 billion dollars in...
  • What Chicago can learn from Toronto

    What Chicago can learn from Toronto
    TORONTO — Luminato, the festival of arts, culture and ideas that just concluded in Canada's largest city, has only been held for four years. But this citywide extravaganza already attracts a collective audience in excess of 1 million and spends...
  • Mortgage holders now more accountable for abandoned buildings

    The Chicago City Council passed legislation today that makes banks and other financial companies more accountable for problems inside thousands of abandoned buildings. The ordinance, which passed unanimously, faced adamant opposition from the financial...