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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
  • Banks reap benefits from donating foreclosed homes

    Banks reap benefits from donating foreclosed homes
    In the historic Golden Dome field house in Garfield Park, bank executives and charity leaders gathered in August to trade hugs and self-congratulatory speeches. Nonprofit groups on the West Side were helping restore communities by renovating homes...
  • New foreclosure filings show big decline

    New foreclosure filings show big decline
    It's another piece of the puzzle needed to complete a recovery of the housing market, and there are signs that it's falling into place. Foreclosure activity last year in the Chicago area fell to its lowest level since 2008, when the housing crisis began...
  • Chicago-area home sales, prices rebound in 2013

    Chicago-area home sales, prices rebound in 2013
    Seven years after crashing in spectacular fashion, the Chicago area's housing market found its footing in 2013, leading to optimism that the darkest days are behind an economic growth engine that fuels the sale of everything from home loans to lawn...
  • Unresolved foreclosure cases pile up in Cook County

    Unresolved foreclosure cases pile up in Cook County
    Editor’s note: The Woodstock Institute said Friday it made a significant error in reporting foreclosure cases for Cook County. The error, in turn, affected several of its findings contained in a story on the front page of Wednesday’s...
  • Friends' Shallow End Gals crime trilogy the talk of Niles, Mich.

    Friends' Shallow End Gals crime trilogy the talk of Niles, Mich.
    "Hi. I'm the dead girl in the alley,” said Carolyn Gale. At the moment, she was the waitress behind the bar, it being lunchtime at the Tavern. But sometime before Christmas, she will be on the back cover of the next Shallow End Gals' novel, as she...
  • 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...
  • Many buyers find the mortgage process unpleasant

    The shortage of houses for sale has changed the real estate landscape in numerous ways. One is that finding just the right place has supplanted obtaining financing and wading through the necessary paperwork as the most difficult aspect of the buying...
  • Lowest mortgage rates in history are a golden opportunity -- for those who are employed and solvent

    It's difficult to believe that mortgage interest rates are now officially at the lowest point in history. Or, at least, the lowest point in history as defined by the Freddie Mac, which has been keeping track of 15-year fixed-rate mortgages since 1991....
  • Not all mortgages are assumable

    Q: I read your recent column titled "Giving up interest does not free you from mortgage obligation." The ex-wife was willing to give up her claim on the home to her former spouse and receive a fixed payment once he refinanced. She chose to quitclaim...