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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
  • Lean retirement looms for Generation X

    Lean retirement looms for Generation X
    Vera Johnson from Seattle is barely making do, let alone saving for retirement. "I try to remain in the present moment and not live in fear of the future," said Johnson, who has neither retirement savings nor a college fund for her two children. "My...
  • City attorney takes aim at big banks

    Much of what Los Angeles City Atty. Mike Feuer alleges in his lawsuits against four big banks for their mortgage and foreclosure practices isn't debatable. In his latest lawsuit filed May 30 against JP Morgan Chase, Feuer alleges that mortgage lenders...
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  • Willis Tower struggling with debt

    Willis Tower struggling with debt
    Debt on Chicago's Willis Tower, formerly the tallest U.S. building, was put in special servicing after the borrower requested a loan modification, Fitch Ratings Inc. says. "The borrower anticipates significant capital costs going forward in order to...
  • 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...
  • Executive Profile: Victor F. Ciardelli III

     Executive Profile: Victor F. Ciardelli III
    The billboard seen by thousands of motorists on the Stevenson Expressway speaks volumes about Victor F. Ciardelli III's ambition as founder, president and CEO of Guaranteed Rate Inc. It doesn't advertise mortgage rates, although company billboards...
  • Would-be homebuyers are stuck on the fence

    New lending rules, fluctuating mortgage interest rates and slowly rising home prices haven't dampened enthusiasm for home purchases, but the combination is prompting a question from consumers to lenders. Do I qualify? "It's a different environment for...
  • Builders find silver lining in tight inventory of resale homes

    Chicago-area homebuilders are playing a game of catch-up after a rough winter delayed construction. And while they remain concerned about the broader economy and its effect on consumers' outlooks and their wallets, builders are smiling again. Among...
  • Chicago-area home sales fall again in March

    Chicago-area home sales fall again in March
    Sales of existing single-family homes and condominiums in the Chicago area fell for a third consecutive month in March, compared with a year ago, but the double-digit decline isn’t as bad as it seems. While the total sales volume was down 11.1...
  • Six-year sentence in $350,000 mortgage rescue fraud

    Six-year sentence in $350,000 mortgage rescue fraud
    A Chicago man has received a six-year prison sentence after pleading guilty to criminal mortgage rescue fraud. Warren Jackson, 44, received the sentence in Cook County Circuit Court Thursday in connection with activities that caused losses of more than...
  • The men who will decide Donald Sterling's fate: NBA's other owners

    As part of the NBA's sweeping sanctions against Clippers owner Donald Sterling over his controversial racial remarks, NBA Commissioner Adam Silver is urging the league's other owners to push for the Clippers' sale. Silver said that if three-quarters...
  • Consumer bureau to test electronic mortgage closings

    The days of sitting down at a home mortgage closing and leaving 20 minutes later with keys to a new home are getting closer. An electronic closing pilot program, to be rolled out this year by the Consumer Financial Protection Bureau, aims to form...