New phone app makes finding home value a snap
Who hasn't driven past a particular home or arrived at a friend's home for the first time and wondered what it cost? Guy Wolcott, co-founder of online real estate company...
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BofA begins mortgage write-down effort under robo-signing deal
Bank of America announced Tuesday that it has begun contacting homeowners this week who may be eligible to receive mortgage principal writedowns as part of the $25 billion settlement announced...
Exploring changes in state’s foreclosure process
The mortgage foreclosure process in Illinois may be in line for a tweaking. A week ago, in a windowless room a few blocks from where foreclosure cases are heard in...
Exploring changes in state’s foreclosure process
The mortgage foreclosure process in Illinois may be in line for a tweaking. A week ago, in a windowless room a few blocks from where foreclosure cases are heard in...
Chicago to tackle backlog of vacant building complaints
The city of Chicago announced plans Friday to hire three additional building inspectors to tackle the backlog of vacant building complaints that have been filed with the city.By bringing the...
Justice Department indicts seven on mortgage fraud
The Justice Department announced indictments Thursday against seven people, including a Chicago police officer, who allegedly committed mortgage fraud involving Chicago condominium buildings between 2006 and 2008.The alleged fraud involved...
Vacant building ordinance nets $619,000 in fines so far
The city of Chicago assessed $619,000 in fines against more than 150 financial institutions in the first three months of the year for not following the city's vacant building ordinance,...
Justice Department indicts seven on mortgage fraud
The Justice Department announced indictments Thursday against seven people, including a Chicago police officer, who allegedly committed mortgage fraud involving Chicago condominium buildings between 2006 and 2008.The alleged fraud involved...
Chicago levies $619K in vacant-building fines
Chicago assessed $619,000 of fines against more than 150 financial institutions in the first three months of the year for not following the city's vacant building ordinance, according to figures...
Short sales gaining on foreclosures
Short sales are back in vogue. Once a term that was barely in the real estate industry's vernacular, they took off three years ago. That was followed by a long...