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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 12-22
  • Executive Profile: Victor F. Ciardelli III

     Executive Profile: Victor F. Ciardelli III
    The billboard seen by thousands of motorists on the Stevenson Expressway speaks volumes about Victor F. Ciardelli III's ambition as founder, president and CEO of Guaranteed Rate Inc. It doesn't advertise mortgage rates, although company billboards...
  • Undercover operative in probe of alderman's chief of staff testifies in court in another case

    Undercover operative in probe of alderman's chief of staff testifies in court in another case
    The undercover informant who secretly recorded meetings with Ald. Howard Brookins as part of an FBI sting testified Monday that he also wore a wire for authorities after his 2008 arrest in a federal mortgage-fraud investigation. Mhde Askar, who...
  • Fannie, Freddie in search of those still eligible for HARP

    Fannie, Freddie in search of those still eligible for HARP
    Amid flagging interest for the Home Affordable Refinance Program, Fannie Mae and Freddie Mac are taking their pitch on the road, with the first stop in Chicago next month. Mel Watt, director of the Federal Housing Finance Agency, is scheduled to meet...
  • 5 years after the Great Recession: Where are we now?

    5 years after the Great Recession: Where are we now?
    It was the worst U.S. economic calamity since the 1930s. Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
  • City attorney takes aim at big banks

    Much of what Los Angeles City Atty. Mike Feuer alleges in his lawsuits against four big banks for their mortgage and foreclosure practices isn't debatable. In his latest lawsuit filed May 30 against JP Morgan Chase, Feuer alleges that mortgage lenders...
  • Judge gives government mole probation: 'I think you've been punished enough'

    Judge gives government mole probation: 'I think you've been punished enough'
    Mhde Askar was barely out of high school but had hundreds of thousands of dollars stashed in his bedroom when he was arrested in 2008 in a massive mortgage fraud scheme. Over the next six years, Askar, only in his 20s, worked undercover for the feds...
  • Fewer Chicago-area homeowners underwater on mortgages

    Fewer Chicago-area homeowners underwater on mortgages
    More homeowners with mortgages are recovering equity in their homes that was lost during the housing crisis, but the low end of the local housing market remains in bad shape. So too, do homeowners in some outlying Chicago-area counties, according to a...
  • Chicago-area home sales down 10% in April as inventory remains tight

    Chicago-area home sales down 10% in April as inventory remains tight
    More Chicago-area homes came on the market in April than in any month during the past four years, a good sign for buyers stymied by a lack of inventory during their home search this spring. Still, the number of available homes listed through the local...
  • Make an informed decision regarding property value

    Q: I have owned my building for eight years and have been living in one unit and renting out the other for just as long. I recently moved from my rental property and purchased a house in a different state with my wife and kids. Trying to maintain the...
  • Six-year sentence in $350,000 mortgage rescue fraud

    Six-year sentence in $350,000 mortgage rescue fraud
    A Chicago man has received a six-year prison sentence after pleading guilty to criminal mortgage rescue fraud. Warren Jackson, 44, received the sentence in Cook County Circuit Court Thursday in connection with activities that caused losses of more than...
  • What to consider when choosing to rent or buy

    What to consider when choosing to rent or buy
    Depending on the status of the real estate market the advice regarding renting versus owning can fluctuate, but for older adults ready to make a move, the state of the economy isn't the only consideration. For some they have been living in the same...