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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 111-121
  • Where's relief for homeowners who played by rules?

    Where's relief for homeowners who played by rules?
    The misdeeds on Wall Street that worsened the financial crisis have created a legion of angry homeowners asking, "Where's my bailout?" Some homeowners feel justified in walking away from their mortgages. After all, banks and other financial companies...
  • Buying a foreclosure

    Buying a foreclosure
    One way to help an ailing housing market regain its health is to clear the books of foreclosures. Buying foreclosed properties can help mitigate this sad chapter and turn to a promising new one by ensuring a neighborhood maintains its value and property...
  • The long and short of short sales

    The long and short of short sales
    On an afternoon in late May, Chicago real estate agent Gary Lucido, president of Lucid Realty, glanced at the chicagohousingstats.com website. Among the stats grabbing his attention was one showing Chicago-area home prices had fallen 27.3 percent from...
  • Can you sell your home through short sale?

    A short sale is anything but an easy real estate transaction for sellers. It requires more work, often involves negotiators, and is characterized by the seller asking the lender to make a concession to allow the sale to proceed. But there is good...
  • Moral bankruptcy?

    Moral bankruptcy?
    Cash-strapped, jobless and denied a loan modification, Del Phillips faced the same straits as millions of homeowners who risk losing their homes to mortgage lenders. Some have struggled unsuccessfully to keep their homes, and others have just walked...
  • Tax credit, low rates favor home buyer

    Tax credit, low rates favor home buyer
    Spring 2010 is shaping up to be an excellent time to buy a newly constructed home. But you have to move fast. All indicators point to an opportune environment that the smart buyer can't - and won't - ignore. "Today is a great time to buy a newly...
  • Facing foreclosure?

    Facing foreclosure?
    Attention owners who are in danger of losing your homes: Your fate is in your own hands. Sadly, there may be no way out for the worst off of you. If you have lost your job and have no prospects for another one, for example, there may be no getting around...
  • Obama gets economic tour underway

     
    by John McCormick RALEIGH, N.C. - The general election presidential campaign debate over pocketbook issues got underway in earnest today, as Sen. Barack Obama's economic policy team teed-up a speech he is about to give here. (The speech, as prepared......
  • Did Obama get sweetheart mortgage?

     
    by Frank James The Washington Post has a large headline that has drawn some attention today, certainly from the Republican National Committee: "Obama Got Discount on Home Loan." The story goes on to say that in 2005 when Sen. Barack......
  • GOP: Chuck et al cleaning up their own mess

     
    With Congressional Democrats carrying Obama's water in their attacks on McCain, the GOP turns its opposition research guns on them -- and finds a target rich environment attacking the likes of Frank, Dodd and our own Chuck Schumer for......
  • Financial meltdown brilliantly explained

     
    by Frank James Anyone looking for a brilliantly accessible explanation of the turmoil facing the economy and the financial markets should listen to the outstanding explanatory programs done by Chicago Public Radio's "This American Life." Over the weekend,...