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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 85-96
  • Cook County home prices continue recovery

    Cook County home prices continue recovery
    Single-family-home prices rose strongly in Chicago and suburban Cook County during the year's second quarter, according to a local home price index, validating the sentiment that a housing recovery has taken hold in the Chicago area. However, the pace...
  • 60,000 underwater borrowers in Chicago eligible for program

    60,000 underwater borrowers in Chicago eligible for program
    More than four years after the Federal Housing Finance Agency established a mortgage refinancing program, the effort has been losing steam. Now the agency is looking for underwater but current borrowers, including almost 60,000 homeowners in the Chicago...
  • Is 'morality' the most relevant issue when letting underwater house go?

    By Ilyce Glink and Samuel J. Tamkin Q: I was listening to your radio show recently with some interest about the condition of the Chicago real estate market and was astounded by your response to one of your callers. The man was a house painter who was...
  • Inside Penny Pritzker's portfolio: How a billionaire invests

     Inside Penny Pritzker's portfolio: How a billionaire invests
    How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
  • Conning Taps Into Hot Investments By Partnering With Commercial-Mortgage Underwriter

    As institutional investors look for better returns in a low-interest-rate environment, Conning has partnered with an Illinois-based lender and underwriter to allow its customers to invest in commercial-mortgage loans. The commercial mortgage loans will...
  • These women will try retirement 'Golden Girls' style

    These women will try retirement 'Golden Girls' style
    CHICAGO (Reuters) - The big four-story house in suburban Pittsburgh might remind you of the set of "The Golden Girls." But unlike the hit TV sitcom of the late 1980s and early '90s, the three women who live there are not in it for the laugh track....
  • In Washington National, they trusted

    In Washington National, they trusted
    More than 50 struggling Chicago-area homeowners last year placed their faith and their savings into the hands of Washington National Trust, which promised to save their homes from foreclosure. The homeowners, most of them Hispanic and living in Aurora,...
  • What to consider when choosing to rent or buy

    What to consider when choosing to rent or buy
    Depending on the status of the real estate market the advice regarding renting versus owning can fluctuate, but for older adults ready to make a move, the state of the economy isn't the only consideration. For some they have been living in the same...
  • Government announcing new mortgage lending rules

    Government announcing new mortgage lending rules
    Government officials are unveiling new mortgage lending guidelines designed to curtail risky loans that led to the housing bust.    From the Chicago Tribune: For most borrowers, the rules will mean no more interest-only mortgages, no more loans where...
  • Bridgeview slides further into debt to support stadium

    Bridgeview slides further into debt to support stadium
    One of the Chicago area's most debt-saddled suburbs is borrowing even more money as it tries to put off the worst of its financial pain over the struggling Toyota Park stadium. The latest borrowing binge — $27 million — will put Bridgeview...
  • Museum of Broadcast Communication gets mortgage extension

    Museum of Broadcast Communication gets mortgage extension
    The cash-strapped Museum of Broadcast Communications will have more time to pay off its newhome after receiving a three-year extension on its mortgage, according to an email this week from founder Bruce DuMont. “We are moving forward,”...
  • Man gets 12 years in mortgage fraud scheme

    Man gets 12 years in mortgage fraud scheme
    A Chicago man was sentenced to more than 12 years in federal prison after having been convicted of engaging in a mortgage fraud scheme involving 65 real-estate transactions on the South Side. The scheme which netted Fred Haywood, 42, about $700,000...