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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 23-33
  • 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...
  • Salaries needed to own a home in 25 major U.S. cities

    Salaries needed to own a home in 25 major U.S. cities
    It should come as no surprise that in order to own a home in cities like New York or Los Angeles, you have to have a higher than average salary.  But what about other cities like Dallas, Chicago or even right here in Orlando?  Mortgage resource...
  • Obama talks housing in Los Angeles with Zillow.com

    Obama talks housing in Los Angeles with Zillow.com
    President Obama paused on his trip through Los Angeles on Wednesday to conduct a novel interview on housing policy with the chief executive of the real estate website Zillow.com. The president reiterated his call for the passage this year of a broad...
  • 5 years after financial crash, many losers -- and some big winners

    5 years after financial crash, many losers -- and some big winners
    Never let a crisis go to waste, says an old rule of politics. For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
  • Dealing with Chicago's vacant buildings isn't an open-and-shut matter

    Dealing with Chicago's vacant buildings isn't an open-and-shut matter
    Dorothy Leonard has lived for 33 years in the same house on the same block in West Humboldt Park, one of the better blocks in the struggling West Side Chicago neighborhood. She's the block's unofficial ambassador, shooing away young people who gather...
  • Former Chicago cop pleads guilty in mortgage fraud scheme

    Former Chicago cop pleads guilty in mortgage fraud scheme
    A former longtime Chicago police lieutenant pleaded guilty today to participating in a mortgage fraud scheme involving a Northwest Side real estate mogul and a crooked former suburban police chief. Erroll Davis, 52, choked up as he entered his guilty...
  • Cook County home prices jump

    Cook County home prices jump
    The value of single-family homes in Cook County sold during the third quarter rose 12.7 percent from a year earlier, the biggest year-over-year gain in at least 16 years, data released Thursday show. Year-over-year, third-quarter home prices rose 13.3...
  • Emanuel joins JPMorgan boss in announcing job skills campaign

    Emanuel joins JPMorgan boss in announcing job skills campaign
    WASHINGTON — Mayor Rahm Emanuel today joined the chair of JPMorgan Chase as the firm announced a five-year, $250 million effort to close the “skills gap” to curb unemployment in urban areas in the U.S. and Europe. Chicago is among...
  • Wall Street moving in on American Dream

    Wall Street moving in on American Dream
    The new homeowners on your block could be from out of town — Wall Street. After amassing significant rental portfolios elsewhere, deep-pocketed institutional investors are descending on the Chicago area, buying up thousands of single-family homes...
  • 3 charged with mortgage rescue fraud scheme

    3 charged with mortgage rescue fraud scheme
    An alleged mortgage scam that swindled at least 54 suburban, primarily Hispanic homeowners out of $220,000 has resulted in three federal indictments. Melvin T. Bell, 37; Monica Hernandez, 43; and Carlos Rayas, 39, face federal fraud charges tied to...
  • South Austin pastor lives lavishly while West Side projects languish

    South Austin pastor lives lavishly while West Side projects languish
    Hoping to create 40 jobs and spark economic activity on a downtrodden corner, city officials helped pastor John Abercrombie build a fast-food restaurant a decade ago in South Austin. All that remains of those hopes today is a vacant cinder-block shell...