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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
  • 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...
  • Government announcing new mortgage lending rules

    Government announcing new mortgage lending rules
    Government officials are unveiling new mortgage lending guidelines designed to curtail risky loans that led to the housing bust.    From the Chicago Tribune: For most borrowers, the rules will mean no more interest-only mortgages, no more loans where...
  • FHA policies helped cause foreclosure crisis

    Imagine that a federal agency wanted to hurt America's working-class families on purpose. How would it inflict maximum damage? It might start by aggressively marketing homeownership to marginal borrowers. It would tell them that bad credit scores aren't...
  • Bridgeview slides further into debt to support stadium

    Bridgeview slides further into debt to support stadium
    One of the Chicago area's most debt-saddled suburbs is borrowing even more money as it tries to put off the worst of its financial pain over the struggling Toyota Park stadium. The latest borrowing binge — $27 million — will put Bridgeview...
  • 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...
  • In Washington National, they trusted

    In Washington National, they trusted
    More than 50 struggling Chicago-area homeowners last year placed their faith and their savings into the hands of Washington National Trust, which promised to save their homes from foreclosure. The homeowners, most of them Hispanic and living in Aurora,...
  • Taking the less-known route

     Taking the less-known route
    If you can't get in — or can't afford — a top business school, is an MBA from a lesser-known school worth it? The answer depends largely on the student. Those gunning for the top of the organizational chart, and without the networking...
  • 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...
  • Judge deals blow to Chicago's vacant building ordinance

     Judge deals blow to Chicago's vacant building ordinance
    A federal court ruling has dealt a setback to Chicago's efforts, and to potentially those of municipalities around the country, to maintain some of the vacant properties caught in the limbo of the foreclosure process. Chicago's ordinance, which took...