By Janice Neumann Special to the Chicago Tribune September 28, 2008 First there were the vacant homes, one with its utilities cut off, overgrown grass and weeds and garbage piling up outside. Then there was the former car wash...
By Becky Yerak Chicago Tribune reporter September 27, 2008 JPMorgan Chase & Co. acknowledged Friday that Illinois is among the states where it’s likely to close branches due to overlap with newly acquired Washington Mutual Inc. Chase and WaMu,...
The first segment, which aired Wednesday, September 17 on WTTW, focused on growing portfolio of foreclosed properties owned by lenders and strategies to get these homes back into productive use. Also featuring Woodstock board member and president of MB...
Ruth Solomon September 25, 2008 Foreclosure auctions are on track to shoot up dramatically in many north suburban towns this year if current trends continue. Even some wealthy towns are not immune, according to a recently released report by...
The number of households facing foreclosure increased by nearly 80 percent in the Chicago region between 2005 and 2007 and increased by another 50 between the first half of 2007 and the first half of 2008. These numbers are...
Aggregated by community area, ward, suburban region, and municipality, Woodstock‘s quarterly foreclosure updates offer community stakeholders the information they need to understand the scope of the problem and measure the success of their efforts. Community organizations, policy makers, financial...
foreclosurefilings_1H08_woodstock.pdf Aggregated by community area, ward, suburban region, and municipality, Woodstock’s first half 2008 foreclosure update offer community stakeholders the information they need to understand the scope of the problem and measure the success of their efforts.
Mary Ellen Podmolik September 16, 2008 Home buyers were one of the first beneficiaries of the financial sector’s troubles Monday, as the turmoil in markets made buying a house more affordable. Average rates on fixed-rate, 30-year conforming mortgages were...
By Jennifer DeWitt September 16, 2008 QC DollarWi$e will continue its efforts to help Quad-City families focus on credit, debt and personal saving as the organization holds its third annual QC DollarWi$e Week, Sept. 20-27. DollarWi$e Week begins with...
John F. Wasik September 15, 2008 Sept. 15 (Bloomberg) — The government rescue of hobbled U.S. mortgage giants Fannie Mae and Freddie Mac last week was like treating a compound fracture with a Band-Aid. While the initial market reaction...