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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 34-44
  • 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...
  • Museum of Broadcast Communication gets mortgage extension

    Museum of Broadcast Communication gets mortgage extension
    The cash-strapped Museum of Broadcast Communications will have more time to pay off its newhome after receiving a three-year extension on its mortgage, according to an email this week from founder Bruce DuMont. “We are moving forward,”...
  • 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...
  • Illinois suit: Firm broke into occupied homes in foreclosure, removed belongings

    Illinois suit: Firm broke into occupied homes in foreclosure, removed belongings
    The state of Illinois is suing the nation's largest privately held firm that maintains foreclosed homes, alleging it illegally broke into the occupied homes of people behind on their mortgage payments or in foreclosure, locked them out and removed their...
  • Chicago seeks tougher rules on vacant buildings

    Chicago seeks tougher rules on vacant buildings
    In the first 10 days of September, city of Chicago operators logged 359 calls about problems at vacant buildings, ranging from reports of open or missing front or back doors to pried-off plywood panels to trespassers. The city is trying to lessen that...
  • 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....