| Sep 30, 2013
| 9:25 PM
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...
| Sep 29, 2013
| 2:30 PM
Q: I am 51 years old and married without kids. Together, we earn around $100,000. I have a VA mortgage with about $38,000 left on the loan. We also have about $200,000 in retirement savings and around $50,000 in savings and $70,000 in stocks.
| Oct 8, 2013
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...
| Oct 22, 2013
| 8:10 AM
Every year, it seems as though retailers are prepping for the holiday season earlier and earlier. Before Halloween even arrives, some stores have already started running advertisements or stocking their shelves with gifts for the winter holidays. While,...
| May 19, 2013
| 7:00 AM
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,...
| Aug 30, 2012
| 10:33 AM
With the clock ticking on a mortgage payment, the Museum of Broadcast Communications is “aggressively pursuing all options to resolve our circumstances,” museum founder Bruce DuMont said this week.
According to documents filed with the...
| Sep 17, 2012
| 1:11 PM
As institutional investors look for better returns in a low-interest-rate environment, Conning has partnered with an Illinois-based lender and underwriter to allow its customers to invest in commercial-mortgage loans.
The commercial mortgage loans will...
| Jul 15, 2012
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,...
| Jun 7, 2013
| 8:37 AM
CHICAGO (Reuters) - The big four-story house in suburban Pittsburgh might remind you of the set of "The Golden Girls." But unlike the hit TV sitcom of the late 1980s and early '90s, the three women who live there are not in it for the laugh track....
| Apr 7, 2013
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,...
| Feb 4, 2013
| 11:43 AM
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...