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Foreclosure
PI Original
by Angela Caputo
11:42am
Tue Mar 16, 2010
4 comments

As Foreclosures Spread, Bankers Say: "We're Doing Our Best"

Housing

Ald. Ray Suarez (31st Ward) and State Sen. Iris Martinez (D-Chicago) called a joint meeting in Chicago on Monday to pressure the banks to do a better job maintaining foreclosed properties and to speed up the unduly slow modification process to keep more people in their homes.

PI Original
by Angela Caputo
1:39pm
Thu Mar 4, 2010
9 comments

What's New On The Housing Front

Housing

We round out the latest legislative iniatives in Illinois regarding foreclosure prevention and affordable housing.

Quick Hit
by Angela Caputo
9:12pm
Wed Jan 20, 2010

Show Us The Money

In recent months, $55 million in HUD Neighborhood Stabilization money has trickled into Chicago. But word from foreclosure-ravaged communities is that you wouldn't know it by looking around. Now members of the ad hoc Chicago Citizens for Neighborhood Stabilization are demanding that the City Council account for the funds.

PI Original
by Angela Caputo
10:46am
Thu Dec 10, 2009
1 comment

Mortgage Modification Redux

Housing

U.S. Rep. Melissa Bean isn't the only lawmaker who quietly slipped an amendment
into the financial reform package that's up for debate in the U.S.
House this week. It appears that Sen. Dick Durbin's judicial mortgage
modification proposal reemerged as well. Indeed, Rep. ...