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Widely reported mortgage delinquency rates are being weighed down by older mortgages and loans long past due, and more recent mortgages are performing at pre-housing-bubble norms, according to an analysis of national lending data by TransUnion....
Tags: Mortgages, Loans, Federal Reserve, Banking
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...
Tribune staff reporterMore than 9,000 previously owned homes were sold in the Chicago area in April, another strong month for sales volume that was met by more pricing recovery. The Illinois Association of Realtors reported Wednesday that 9,152 single-family homes and...
Tribune reporterA 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...
Tags: Mortgages, Prisons, Punishment, Trials
Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline. The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors, leaving...
It's Money Smart Week, a collection of free financial literacy programs offered throughout the week, aimed at helping people deal with virtually every money issue imaginable: from how to get out of debt, to buying homes, paying for college, building a...
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...
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,...
Some of the Chicago neighborhoods hardest hit by the housing crisis are starting to come back, or at least appear to be bottoming out. Home values in the Pullman/Riverdale/Roseland neighborhoods, for instance, rose by an average of 18.6 percent last year...
Co-borrowers may want to rethink whose name goes first on a mortgage application. Early findings from a study under way at the Woodstock Institute found that in the six-county Chicago area, joint applications for home purchases and refinancings were much...
Sales of distressed homes in Illinois surged last year, particularly transactions designed to keep properties out of foreclosure. Of the 44,337 distressed homes sold in Illinois last year, 16,449 were short sales, an increase of 53 percent from 2011,...
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...
Tags: Mortgages, Rentals, Credit and Debt, Politics, Local Government
May 13, 2013 |Story| Chicago Tribune
May 10, 2013 |Column| Chicago Tribune
May 22, 2013 |Story| Chicago Tribune
May 2, 2013 |Story| Chicago Tribune
Apr 30, 2013 |Story| Los Angeles Times
Apr 21, 2013 |Column| Chicago Tribune
Apr 15, 2013 |Story| Chicago Tribune
Apr 7, 2013 |Story| Chicago Tribune
Mar 13, 2013 |Story| Chicago Tribune
Mar 12, 2013 |Story| Chicago Tribune
Feb 28, 2013 |Story| Chicago Tribune
Dec 30, 2012 |Story| Chicago Tribune
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