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

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...

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.

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

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.

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

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...

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

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...

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.

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...

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

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 ...

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...

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 ...

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

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.

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...

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...

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 ...

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

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...

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...

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...