Chicago Mortgages

The Justice Department announced a fair-lending settlement with Wells Fargo & Co. on Thursday that will compensate tens of thousands of the bank's African-American and Hispanic borrowers who were allegedly steered into high-cost, subprime mortgages. A...

About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices. Under the terms...

For homeowners looking to upgrade — or downsize — their residences, it's a difficult chicken-or-egg question: Which comes first, buying a new place to live or selling an old one? Each situation presents a potentially thorny set of issues. Buy...

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...

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...

Q: I am the president of a condominium building with three units in foreclosure. If our attorney files a lawsuit for delinquent assessments before the foreclosure hearing and the owner declares bankruptcy or has no money or assets, why bother filing and...

Butler Rubin Saltarelli & Boyd (Butler Rubin) isn’t your average law firm. For one, it’s fairly uncommon to find a firm of its size dedicated solely to complex commercial litigation. But then again, the 36-attorney boutique doesn’t...

As state attorneys general across the country consider whether to settle with big banks over shoddy and illegal foreclosure practices, some Marylanders are urging Douglas F. Gansler not to sign on the dotted line. Their efforts are part of a nationwide...

Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to the...