Chicago Foreclosures

Cook County Foreclosure Filings Down Almost 10% In August

Chicago Sun-Times | FRANCINE KNOWLES | Posted 11.10.2009 | Chicago


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...

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

ABC7 Chicago | Posted 09.25.2009 | Chicago


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...

1 In 59 Chicago Area Homes In Foreclosure

AP | Posted 08.30.2009 | Chicago


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...

Cook County Eviction Court: 'Assembly Line Pathos'

The Atlantic | James Warren | Posted 07.05.2009 | Chicago


Amid the more academic debate over President Obama's Supreme Court nomination, there's a melancholy reality check, and street-level window onto harsh ...

Illinois Foreclosures Surge, Double The National Rate

Associated Press | Posted 04.12.2009 | Chicago


The number of Illinois households threatened with losing their homes rose 62% percent in February from last year's levels, more than twice the nationa...

ShoreBank Aims To Rescue Burdened Homeowners From Foreclosure

Medill Reports | Malia Spencer | Posted 04.06.2009 | Chicago


From her Bronzeville branch office on South King Drive, Michelle Collins strives to solve the community's foreclosure problem one loan at a time. Col...

Daley To Use Federal Money To Rehab Foreclosed Houses

Chicago Sun-Times | Fran Spielman | Posted 02.15.2009 | Chicago


Warning that the foreclosure crisis puts Chicago's tax base and "entire blocks" at risk, Mayor Daley on Thursday outlined plans to use $55 million in ...

Durbin, Madigan Push For Federal Foreclosure Aid

Daily Herald | Joseph Ryan | Posted 01.05.2009 | Chicago


U.S. Sen. Dick Durbin, the second-highest ranking Senate Democrat, is pushing for the federal government to share losses on mortgage defaults to prod ...

Chicago Foreclosures Projected To Rise 40%

Chicago Tribune | Becky Yerak | Posted 01.04.2009 | Chicago


The number of foreclosures in the Chicago area in 2008 is expected to rise nearly 40 percent to more than 53,000, a housing industry research group sa...

Foreclosures Create Opportunity For Squatters

Chicago Public Radio | Chip Mitchell | Posted 01.04.2009 | Chicago


Sometimes one person's misfortune can become another's opportunity. That's what's happened in a foreclosed building in Chicago. The owner abandoned th...

Housing Group Mixed On Citigroup's Mortgage Relief Plan

Chicago Public Radio | Tasha Flournoy | Posted 12.13.2008 | Chicago


Citigroup announced today a moratorium on some home foreclosures. The news comes as foreclosures in the Chicago region continue to skyrocket. Over th...

Nearly 1 In 500 Homes Under Foreclosure In Illinois

Chicago Tribune | Posted 11.23.2008 | Chicago


One in 510 homes in Illinois were in some stage of foreclosure in September, a slight improvement from August but almost 24 percent higher than in a y...

Foreclosure Court Adds Judges To Cope With Increased Caseload

Chicago Tribune | Azam Ahmed | Posted 11.20.2008 | Chicago


Just off the elevators on the 28th floor of the Daley Center, a scene of arresting beauty unfolds. Sunlight glints off Lake Michigan, high-definition ...

MacArthur Foundation Gives Millions To Stem City Foreclosures

Crain's Chicago Business | Monée Fields-White | Posted 11.15.2008 | Chicago


(Crain's) -- The John D. and Catherine T. MacArthur Foundation announced it's giving $68 million to Chicago-area organizations to help battle the home...

Cook County Sheriff Resuming Evictions

Posted 11.15.2008 | Chicago


UPDATE The Cook County Sheriff's office will resume mortgage foreclosure evictions Monday, October 20th. Sheriff Dart agreed to end his brief morator...

Cook County Sheriff Suspending Mortgage Foreclosure Evictions

Posted 11.08.2008 | Chicago


UPDATE Illinois Attorney General Lisa Madigan said Cook County Sheriff Tom Dart is helping to uphold state law with his eviction moratorium: People...