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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...
Tags: Foreclosures, Real Estate, Rentals, Homes, Prices
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,...
Tags: Real Estate, Foreclosures, Homes, Mortgages, Inventories
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: Taxation, Rentals, Credit and Debt, Mortgages, Politics
The nation's fair-housing rules became clearer this month when the Department of Housing and Urban Development finalized a rule that it hopes makes it easier to determine whether a housing practice is discriminatory. The formal adoption of uniform...
The Illinois Supreme Court on Friday announced new rules governing mortgage foreclosures that will require lenders to prove to judges that they have exhausted all efforts to help a borrower before seeking a foreclosure judgment against the homeowner. The...
The year-old national mortgage settlement has provided more than $45 billion in relief to distressed mortgage borrowers nationally, but improving the mortgage servicing process is proving to be more elusive. In a report issued Thursday on the progress of...
About 10 million consumers, through no fault of their own, have serious errors on their credit reports, raising troubling questions about people's ability to secure loans and the fairness of interest rates they're charged. In the first study of its...
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
Feb 22, 2013 |Column| Chicago Tribune
Feb 22, 2013 |Story| Chicago Tribune
Feb 22, 2013 |Story| Chicago Tribune
Feb 18, 2013 |Column| Los Angeles Times
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