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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
  • 60,000 underwater borrowers in Chicago eligible for program

    60,000 underwater borrowers in Chicago eligible for program
    More than four years after the Federal Housing Finance Agency established a mortgage refinancing program, the effort has been losing steam. Now the agency is looking for underwater but current borrowers, including almost 60,000 homeowners in the Chicago...
  • 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...
  • 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...
  • Man gets 12 years in mortgage fraud scheme

    Man gets 12 years in mortgage fraud scheme
    A Chicago man was sentenced to more than 12 years in federal prison after having been convicted of engaging in a mortgage fraud scheme involving 65 real-estate transactions on the South Side. The scheme which netted Fred Haywood, 42, about $700,000...
  • Inside Penny Pritzker's portfolio: How a billionaire invests

    How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
  • 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...
  • Short-term shutdown will have little effect in Illinois, officials say

    Short-term shutdown will have little effect in Illinois, officials say
    Most Chicagoans won't notice a short-term federal government shutdown, but the effects could start to be felt by some if the stalemate lingers a few weeks, officials from Springfield to City Hall to college campuses indicated Monday. That's because most...
  • How to divide property in a divorce

    How to divide property in a divorce
    When Rick Buchler and his wife split up two years ago, they decided she would remain in their house near Stockton, Calif., and he would leave. The couple had no children, and Buchler's wife, a pediatrician, wanted to stay in the marital four-bedroom...