Recent News Coverage on Chicago Mortgages - Baltimore Sun
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Chicago Mortgages

A collection of news and information related to Chicago Mortgages published by this site and its partners.

Top Chicago Mortgages Articles

Displaying items 13-24
  • The bottom line on an upbeat market

    HOUSTON — Ever heard the phrase "damned with faint praise"? That's what continually came to mind about the state of the housing recovery as journalists and industry representatives came together here for the annual conference of the National...
  • MetLife, Developer To Build $110 Million Industrial Distribution Center Near Atlanta

    MetLife Inc. announced Thursday it is teaming with a California developer to build a $110 million industrial distribution center near Hartsfield-Jackson Atlanta International Airport in Georgia. The New York life insurer, which has operations in...
  • Driving my Mercedes to pick up food stamps

    Driving my Mercedes to pick up food stamps
    — Sara Bareilles played softly through the surround-sound speakers of my husband's 2003 Mercedes-Benz Kompressor as I sat idling at a light. I'd never been to this church before, but I could see it from where I was, across from an old park,...
  • Builders, lenders try new tactics to lure buyers

    Builders, lenders try new tactics to lure buyers
    The housing market's recovery has lost some of its frenzy, but dynamics still at work in the market — a lack of inventory, short market times and worries about mortgage qualifications — are creating opportunities for companies eager to capture...
  • Some homeowners miss out on housing recovery

    Some homeowners miss out on housing recovery
    Scott and Caroline Schmauderer know all the acronyms and the nitty-gritty details of the federal government's various programs to help homeowners like themselves, whose plans were derailed by the housing bust. They read up on loan modifications, but...
  • Local foreclosures decline, but still higher than U.S. average

    Local foreclosures decline, but still higher than U.S. average
    Foreclosure activity in the Chicago area continues to decline but remains above the national average. That's bad news for local home sellers who have a foreclosed home nearby because while home sales prices are decidedly up year-over-year, they could be...
  • Fannie, Freddie in search of those still eligible for HARP

    Fannie, Freddie in search of those still eligible for HARP
    Amid flagging interest for the Home Affordable Refinance Program, Fannie Mae and Freddie Mac are taking their pitch on the road, with the first stop in Chicago next month. Mel Watt, director of the Federal Housing Finance Agency, is scheduled to meet...
  • 5 years after the Great Recession: Where are we now?

    5 years after the Great Recession: Where are we now?
    It was the worst U.S. economic calamity since the 1930s. Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
  • More homeowners are becoming first-time landlords

    More homeowners are becoming first-time landlords
    The real estate market has long worked on a simple system: If you want to buy a new house, sell the old one and use the equity for a down payment. But the last few years of low ownership costs and rising rents have some move-up buyers trying a new...
  • Fewer Chicago-area homeowners underwater on mortgages

    Fewer Chicago-area homeowners underwater on mortgages
    More homeowners with mortgages are recovering equity in their homes that was lost during the housing crisis, but the low end of the local housing market remains in bad shape. So too, do homeowners in some outlying Chicago-area counties, according to a...
  • Chicago-area home sales down 10% in April as inventory remains tight

    Chicago-area home sales down 10% in April as inventory remains tight
    More Chicago-area homes came on the market in April than in any month during the past four years, a good sign for buyers stymied by a lack of inventory during their home search this spring. Still, the number of available homes listed through the local...
  • Judge gives government mole probation: 'I think you've been punished enough'

    Judge gives government mole probation: 'I think you've been punished enough'
    Mhde Askar was barely out of high school but had hundreds of thousands of dollars stashed in his bedroom when he was arrested in 2008 in a massive mortgage fraud scheme. Over the next six years, Askar, only in his 20s, worked undercover for the feds...