By Becky Yerak April 30, 2008 In a sign that the foreclosure problem could get worse before it gets better, six area counties saw a rise in the 60-day delinquency rate for mortgage payments. Mirroring national trends, Cook, DuPage,...
April 27, 2008 By Jonathan Mummolo and Bill Brubaker Washington Post The growing foreclosure crisis has forced suburban law enforcement agencies to tackle a new challenge: policing empty houses. As evictions mount and many houses remain unsold for months,...
paydayloanloophole_april2008_egan.pdf Sarah Duda and Tom Feltner Analysis of Circuit Court of Cook County filings by one large payday lending showing the shift from short-term loans, cover by Payday Loan Reform Act consumer protections, to longer-term installment loans not covered...
By Stephen Franklin Tribune Reporter April 25, 2008 When a law governing payday loans took effect more than two years ago, Illinois officials ballyhooed the millions of dollars saved and the burdens lifted for cash-strapped borrowers. But consumer advocates...
By Becky Yerak Tribune reporter April 23, 2008 In November, Mary Donoghue, a housing counselor at the North Side Community Federal Credit Union, began calling Countrywide Financial Corp. on behalf of a client eight months behind on her mortgage....
Chicago 5 Year Housing Plan Presentation_42008_gsmith.pdf Geoff Smith Presentation on mortgage lending and foreclosure patterns in Chicago neighborhoods at City of Chicago Department of Housing’s 5 Year Plan advisory group meeting.
Bank of America to alter loan practices Hearings on purchase of Countrywide to start By Becky Yerak Tribune reporter April 22, 2008 As public hearings begin on its proposed purchase of Countrywide Financial Corp., Bank of America Corp. will...
fed_april2008_countrywide_feltner.pdfWoodstock Institute testimony requesting the Federal Reserve Board to require a public action plan to address problem loans before approving the acquisition of Countrywide Financial by Bank of America.
IRS_april2008_privacy anpr.pdfComment letter submitted to the Internal Revenue Service regarding the disclosure and use of tax return information by tax preparers for the purpose of marketing products such as RALs.