Chicago Foreclosures

Report: Vacant Buildings Ordinance Nets City $600K In Bank Fines

Posted 05.03.2012

Read More: Foreclosures, Chicago Foreclosures, Chicago Abandoned Buildings, Chicago Vacant Property Ordinance, Foreclosed Properties, Chicago Vacant Properties, Vacant Properties, Chicago Bank-Owned Properties, Chicago Vacant Buildings, Chicago News

An ordinance approved last fall by the Chicago City Council that required financial institutions to maintain and secure foreclosed, vacant homes in th...

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Why Is It Tough To Stabilize Chicago's Neighborhoods?

WBEZ | By: Ashley Gross | Posted 04.09.2012

Read More: Chicago Neighborhoods, Chicago Poverty, Chicago Foreclosures, Chicago News

Banks filed foreclosure on fewer homes in Chicago last year, so it's easy to think the problem is fading. But five years into the crisis, a lot of nei...

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The Chicago Region's Vacant Property Problem: A Data Snapshot

Dory Rand | Posted 03.25.2012

Read More: Foreclosure Crisis, Vacant Houses, Vacant Properties, Chicago Vacant Buildings, Chicago Foreclosures, Chicago Vacant Properties, Chicago News

Just how serious is the vacant property problem in the Chicago region? A look at the data can give us a sense of the scope of the challenges our communities face.

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Feds Defend Mortgage Giants In Suit Against Chicago

The Huffington Post | Jen Sabella | Posted 12.15.2011

Read More: Cook County Vacant Buildings Ordinance, Fannie and Freddie, Vacant Buildings, Federal Housing Finance Agency, Chicago News, Vacant Buildings Ordinance, Housing Crisis, Bank of America Foreclosures, Home Foreclosures, Action Now, Chicago Foreclosures, Feds Sue Chicago Housing, Federal Housing Lawsuit Chicago, Vacant Houses, Chicago, Fannie and Freddie Chicago Lawsuit, Illinois, Vacant Housing Ordinance Lawsuit, Foreclosure, Chicago Impact, Chicago Vacant Buildings, Chicago News

This summer, residents and community organizers called on Chicago's City Council to do something about the vacant, foreclosed properties that were bec...

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Upholding The Promise Of Government

Will Guzzardi | Posted 10.24.2011

Read More: Corruption, Will Guzzardi 39th District, Chicago Foreclosures, Chicago, Illinois, Chicago Schools, 39th District, Will Guzzardi State Representative, Chicago Politics, Illinois 39th, Illinois State Legislature, Chicago News

Every day, as I talk to people in the 39th District, I'm reminded that we all share the same concerns about the way things look these days. It's those shared concerns that I will advocate for every day.

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Can Emanuel Plan Help Chicago Communities Torn Apart By Foreclosures?

Posted 10.17.2011

A new recovery program will rely on community groups to identify viable foreclosed properties in nine Chicago neighborhoods hard-hit by the foreclosur...

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'Banks Got Bailed Out, We Got Sold Out'

HuffingtonPost.com | Will Guzzardi | Posted 10.10.2011

Read More: Vacant Buildings, Bank of America, Vacant Buildings Ordinance, Bank of America Foreclosures, Housing Crisis, Home Foreclosures, Action Now, Chicago Foreclosures, Marsha Godard, Vacant Houses, Chicago, Foreclosure, Illinois, Chicago Impact, Chicago Vacant Buildings, Chicago News

Marsha Godard is an outspoken, 52-year-old woman from the Lawndale neighborhood on Chicago's West Side and a customer at Bank of America. On the morni...

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Five Protesters Arrested For Trying To Fend Off Eviction Of Single Mom

Posted 10.01.2011

Read More: Chicago Foreclosures, Addison, Chicago, Foreclosure Protest, Foreclosure, Illinois, Foreclosure Protesters Arrested, Foreclosure Protesters, Chicago Anti-Eviction Campaign, Chicago News

Five protesters from a Chicago-based foreclosure fighting group -- including its spokeswoman, who is six months pregnant -- were arrested in the west ...

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Chicago Has Most Foreclosed Homes Of Any City In America

Chicago News Cooperative | Posted 09.07.2011

Read More: Most Foreclosures in America, Foreclosures, Foreclosure Crisis, Chicago Foreclosures, Chicago, Illinois, Chicago Most Foreclosures, Chicago Foreclosure Crisis, Illinois Foreclosures, Chicago News

Although it never shared the notoriety of Miami, Los Angeles and Phoenix during America's foreclosure crisis, the Chicago area now has the nation's la...

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In the Wake of the Recession, Bankruptcies Hit Women, Communities of Color Hard

Dory Rand | Posted 07.06.2011

Read More: Debt, Foreclosure, Unemployment, Bankruptcy, Recession, Chicago Foreclosures, Personal Bankruptcies, Underemployment, Chapter 13, Chicago Unemployment, Mortgage Payments, Chicago News

Every year in Cook County, thousands of women are facing tough choices and making the difficult decision to declare bankruptcy, a decision that has the potential to dramatically change someone's life.

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Giving Back: How You And The Chicago Community Can Help Struggling Families

HuffingtonPost.com | Will Guzzardi | Posted 05.25.2011

Read More: Mortgage Crisis, Chicago Foreclosures, Logan Square, Illinois, Foreclosure Crisis, Chicago Impact, Logan Square Neighborhood Association, Chicago News

Today, as HuffPost and AOL unite to launch the Huffington Post Media Group, we're celebrating by making a statement about the importance of giving bac...

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Foreclosures Surge In Cook County: 2010 Could Be Worst Ever

Chicago Sun-Times | Posted 05.25.2011

Read More: Chicago Foreclosures, Cook County, Foreclosure, Chicago News, Cook County Foreclosures, Chicago News

Elizabeth Cabral-Arreola vacillates between resignation and nervous chatter about the accumulation of problems -- ill health, bad luck and some regret...

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HOUSING NIGHTMARES: Cities With Highest Foreclosure Rates In The Nation

Posted 05.25.2011

Read More: Foreclosure Crisis, Chicago Suburbs, Naperville Foreclosures, Joliet Foreclosures, Chicago Foreclosures, Illinois Foreclosures, Joliet, Slidepollajax, Business News

LOS ANGELES (BY ALEX VEIGA, AP) -- ; The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago a...

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Allerton Hotel Faces Foreclosure: Downtown Hotel 'Tapped Out'

Crain's Chicago Business | This Week's in Other News | Posted 05.25.2011

Read More: Hotel Foreclosures, Allerton Hotel Foreclosure, Allerton Hotel, Allerton, Chicago Foreclosures, Chicago Hotels, Chicago News

After loading up on debt near the top of the market, the owner of the landmark Allerton Hotel is all tapped out at the bottom. A joint venture led ...

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Illinois Foreclosures Jump: Filings Up 38 Percent From 2009

Chicago Sun-Times | Posted 05.25.2011

Read More: Chicago Foreclosures, Foreclosure Crisis, Foreclosure, Chicago Foreclosure Crisis, Illinois Foreclosure Filings, Illinois Foreclosures, Chicago News

The number of homes hit with foreclosure filings in Illinois spiked 38.3 percent in April from a year earlier and 32.9 percent from March, according t...

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Chicago Foreclosures: Rentals Hit Harder Than Single-Family Homes

Chicago Sun-Times | Posted 05.25.2011

Read More: Foreclosures, Illinois, Rental Foreclosures, Chicago Rentals, Chicago Foreclosures, Chicago Home Foreclosures, Home Foreclosures, Chicago, Chicago News

More than 125 multi-family buildings in Chicago went into foreclosure each week last year, according to a new report that showed Chicago renters were ...

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Bank Of America Accused Of Neglecting West Side Residents Facing Foreclosure

HuffPost Eyes&Ears Local | Kelsey Duckett | Posted 05.25.2011

Read More: Austin Foreclosure Crisis, Chicago Austin, Bank of America, Chicago Foreclosures, Austin Chicago, West Side Chicago, Bank of America Protest, Austin Foreclosures, Bank of America Foreclosures, Chicago News

This story was originally published on AustinTalks, a community news site featuring in-depth coverage of Austin, Chicago's largest neighborhood locate...

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Illinois Legislature Passes Bill to Protect Homeowners

Samantha M. Tuttle | Posted 05.25.2011

Read More: Home Affordable Modification Program, Chicago Foreclosures, Homeowners, Foreclosure Crisis, Foreclosure, Hamp, Chicago News

Homes are being lost to foreclosure even while homeowners are still trying to modify their loans under the federal the Home Affordable Modification Program, in violation of the program.

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Ald. Mell: Abandoned Chicago Buildings Are 'The Same Type Of Disaster' As Gulf Oil Spill

Chicago Sun-Times | Posted 05.25.2011

Read More: Chicago Foreclosures, BP Oil Spill, Mell Foreclosures Oil Spill, Foreclosures Oil Spill, Abandoned Buildings, Chicago, Illinois, Foreclosure, Gulf Oil Spill, Dick Mell, Mike Quigley, Mell Foreclosures, Chicago News

Foreclosed and abandoned Chicago buildings are "the same type of disaster as the BP oil slick" in Louisiana, a Northwest Side alderman said today, dem...

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Mayor Daley: What Can We Do For The 'Forgotten' Middle Class?

Posted 05.25.2011

Read More: Chicago Meter Deal, Chicago Unemployment, Chicago Mayor Richard Daley, Chicago Parking Meters, Chicago Foreclosures, Middle Class, Mayor Daley, Chicago Jobs, Chicago Career Tech, Daley, Chicago Unemployed, Working Class, Chicago News

Chicagoans have been badly beaten by the recession. With thousands of workers out of jobs and foreclosures still on the rise, Mayor Daley decided to r...

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City Officials Call On Bankers To Testify About Foreclosure Mess

Progress Illinois | Posted 05.25.2011

Read More: Chicago Foreclosures, Bank of America, Chicago Foreclosure Report, Chase Bank, Chicago City Council, Chicago City Council Housing Committee, Chicago Foreclosure Crisis, Dick Mell, Wells Fargo, Chicago News

Ald. Ray Suarez (31st Ward) and State Sen. Iris Martinez (D-Chicago) called a joint meeting in Chicago on Monday to pressure the banks to do a better ...

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Chicago Foreclosure Report Paints Dismal Picture: Foreclosures Up 16 Percent In 2009, Unemployment Forcing People Out Of Their Homes

Posted 05.25.2011

Read More: Chicago Real Estate, Dick Durbin, Foreclosure Crisis, Chicago Home Values, Foreclosure Reform, Chicago Foreclosure Report, Chicago Foreclosures, Home Affordable Modification Program, National Peoples Action, Banking Reform, Chicago Foreclosure Crisis, Hamp Program, Chris Dodd, Chicago News

On Monday, a non-profit organization that has been researching foreclosure trends in Chicago released a report that painted a dismal picture for Chica...

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Cook County Foreclosure Filings Down Almost 10% In August

Chicago Sun-Times | FRANCINE KNOWLES | Posted 05.25.2011

Read More: Foreclosures, Cook County Foreclosures, Housing Crisis, Chicago Foreclosures, Chicago News

Foreclosure filings in Cook County dropped 9.5 percent in August from a year ago and plummeted 32 percent from July, according to a report from Realty...

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Foreclosed Homeowners Are Owed $18M In Mortgage Surplus Money: Clerk

ABC7 Chicago | Posted 05.25.2011

Read More: Chicago Foreclosures, Mortgage Surplus Money, Dorothy Brown, Home Foreclosures, Chicago News

Cook County Circuit Court Clerk Dorothy Brown says her office has found more than $18 million in mortgage surplus money that belongs to people who los...

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1 In 59 Chicago Area Homes In Foreclosure

AP | Posted 05.25.2011

Read More: Foreclosures, Chicago Foreclosures, Naperville Foreclosures, Housing Crisis, Home Foreclosures, Illinois Foreclosures, Chicago News

CHICAGO (AP) -- The Chicago-Naperville-Joliet metropolitan area had the highest home foreclosure rate in Illinois for the first half of the year. A r...

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