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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 45-55
  • 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...
  • Wells Fargo agrees to pay $175M settlement in pricing discrimination suit

    Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
    About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices. Under the terms...
  • Wells Fargo settlement: A predatory lender pays up

    Wells Fargo settlement: A predatory lender pays up
    Baltimore's effort to recover millions of dollars in lost revenue stemming from the wave of home foreclosures that followed the collapse of the housing market in 2007 was vindicated Thursday when Wells Fargo Bank, the nation's largest mortgage lender,...
  • Potential borrowers eager to find lenders with superior service

    More than a third of potential borrowers would be willing to pay a higher rate if the mortgage came with superior service, according to a new survey. The poll by the Carlisle & Gallagher Consulting Group didn't say how much more the 34% were willing to...
  • 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...
  • 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,...
  • 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...
  • Consumer Confidential: New mortgage forms, less trust for banks, not enough used cars

     
    Here's your while-my-guitar-gently-weeps Wednesday roundup of consumer news from around the Web: --Mortgage disclosure forms will soon be easier to understand. The Consumer Financial Protection Bureau has unveiled two versions of a new sample disclosure...
  • Simplified mortgage disclosure forms proposed by Consumer Financial Protection Bureau

     
    The new Consumer Financial Protection Bureau on Wednesday released two proposed prototypes for simplified mortgage disclosure forms and will start seeking feedback from the industry and people around the country. The agency is trying to design a new two-...
  • JPMorgan pays $153.6 million to settle fraud accusations about mortgage-backed securities

     
    JPMorgan Chase & Co. is paying $153.6 million to settle accusations that it misled investors about mortgage-backed securities it sold just as the financial crisis was beginning. The Securities and Exchange Commission said in a complaint filed in Manhattan...