DePaul’s home price index shows uneven market recovery in Cook County
A housing recovery is starting to gain traction in Cook County, but depending on the property type and when it was purchased, it may be a long road back. Prices...
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Cook appoints committee to evaluate potential land bank
The Cook County Board president's office announced the members of an advisory committee that will help the board determine if and how a land bank could be structured to deal...
Mortgage servicers dropped the ball, study says
A new study on the Home Affordable Modification Program estimates that 800,000 foreclosures could have been prevented if large mortgage servicers had been better equipped to deal with the crush...
Mortgage servicers dropped the ball, study says
A new study on the Home Affordable Modification Program estimates that 800,000 foreclosures could have been prevented if large mortgage servicers had been better equipped to deal with the crush...
Higher mortgage fees proposed for Illinois, 4 other states
Illinois homebuyers may start paying the price for the lengthy amount of time it takes to foreclose on a home in the state. The Federal Housing Finance Agency is seeking...
30-year mortgage rates drop to 3.49%
The Federal Reserve's latest efforts to bolster the economy enabled mortgage rates to fall this week.Freddie Mac reported Thursday that the average rate on a 30-year, fixed-rate conforming home loan...
August’s Chicago-area home sales highest in nearly 5 years
Existing-home sales in the Chicago area were higher in August than any of the past 59 months, according to data released Wednesday. Are appreciating home values next? Not necessarily, and...
Leona’s says EEOC settlement terms unrealistic
The restaurant chain Leona's Pizzeria Inc., hit with an Equal Employment Opportunity Commission lawsuit alleging that it reneged on a discrimination settlement, said Friday night that it wants to resolve...
CompTIA joins state program to boost tech education
CompTIA, an information technology industry association, will play a key role in Illinois' efforts to boost science, technology, engineering and math education in the state. CompTIA Workforce Development LLC will...
HAMP principal cuts going to non-Fannie, Freddie borrowers
Some 77 percent of homeowners nationally who received government-backed mortgage modifications in July -- and did not have a mortgage backed by Fannie Mae or Freddie Mac -- saw their...