| Feb 4, 2013
| 11:43 AM
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...
| Jan 10, 2013
| 9:13 AM
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...
| Dec 18, 2012
| 11:34 AM
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,”...
| May 2, 2013
| 3:04 PM
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...
| Apr 15, 2013
| 2:14 PM
If you can't get in — or can't afford — a top business school, is an MBA from a lesser-known school worth it?
The answer depends largely on the student.
Those gunning for the top of the organizational chart, and without the networking...
| Nov 4, 2012
More than a third of potential borrowers would be willing to pay a higher rate if the mortgage came with superior service, according to a new survey.
The poll by the Carlisle & Gallagher Consulting Group didn't say how much more the 34% were willing to...
| Sep 2, 2012
WASHINGTON — If you're underwater and facing financial distress, what might Fannie Mae's and Freddie Mac's new short-sale-reform policies mean for you? Potentially a lot — even if you are current on your mortgage payments and never imagined...
| Aug 30, 2012
| 10:33 AM
With the clock ticking on a mortgage payment, the Museum of Broadcast Communications is “aggressively pursuing all options to resolve our circumstances,” museum founder Bruce DuMont said this week.
According to documents filed with the...
| Jun 19, 2012
| 5:38 PM
As Imperial Valley’s more than 1,500 high school seniors toss up their mortar boards this spring, most will likely make vows of lifelong friendship to one another, promising never to lose touch and to always be there in the best of times and the...
| Jul 1, 2011
| 10:07 AM
TORONTO — Luminato, the festival of arts, culture and ideas that just concluded in Canada's largest city, has only been held for four years. But this citywide extravaganza already attracts a collective audience in excess of 1 million and spends...
| Apr 3, 2012
| 3:00 PM
The following is a transcript of President Obama's politically-charged remarks Tuesday afternoon at an Associated Press luncheon framing the general election campaign, as released by the White House.
Obama: "Thank you very much. (Applause.) Please have...
| Jan 6, 2012
Like many homeowners, John Kennedy bought his Chicago condo when home prices were high. But when he got married and wanted a bigger place, selling his condo seemed out of the question because he owed more on his home than it was worth.
The solution for...