Why Is It So Hard To Get A Loan Modification?
Anyone who has attempted to get a loan modification from their mortgage servicer has probably asked, “Why is it so hard to […]
FHFA Files Lawsuit Against Chicago Over Vacant Property Ordinance
The Federal Housing Finance Agency (FHFA) – the regulator that oversees Fannie Mae and Freddie Mac – has filed a
Reuters: Loan Modification Hassles Slowing Housing Recovery
Anyone who has attempted to get a mortgage loan modification probably has a story to tell. Most of those stories will involve
Treasury Department and the Consumer Financial Protection Bureau To Target Mortgage Modification Scams
The Treasury Department, the Consumer Financial Protection Bureau (CFPB) and the Special Inspector General for the Troubled Asset Relief Program
Late Mortgage Payments On The Rise
Although market observers had initially predicted that the third quarter of 2011 would end with a decrease in mortgage delinquencies,
Illinois’ Right to Redemption During Foreclosure
Illinois is still suffering from the worst housing market crisis in history; in fact, areas of Chicago are still experiencing
Walking Away Without Liability
Don’t be fooled by people who say that you can just walk away from a mortgage. While that may be
ProPublica: Who’s Who of The Financial Crisis
ProPublica has published a handy cheat sheet that outlines the people responsible for the financial crisis and what, if anything,
Chicago’s Abandoned Building Ordinance — Should We Just Amend The IMFL?
Chicago’s City Council recently toned down the language of its abandoned building ordinance. As originally drafted, the ordinance would have
Zombie Mortgages Are “Back”
The housing crash and foreclosure crisis news cycle doesn’t move as quickly as the typical 24-hour news cycle, but it