June 26, 2009 The American Bar Association commends the recent developments designed to assist hard-hit neighborhoods and families in the foreclosure crisis. The 2009 Homeowner Protection Act (SB-2513) and the new statewide Mortgage Relief Project will assist homeowners...
By Sandra Guy June 18, 2009 What do groups that help people avoid money messes want to see from President Obama’s Consumer Protection Agency? The Woodstock Institute, the Chicago-based cruncher of metro area foreclosure numbers, would like the...
To provide real security for the American people, this regulatory system must be truly airtight, leaving no room for leaks and loopholes that the hedge funds, derivatives traders and others are already trying to carve out. Congress must...
The groups joined workers from Quad City Die Casting in Moline, IL to call on Wells Fargo to save their jobs and keep their plant open. Like small businesses around the country, Quad City Die Casting needs credit...
By Alby Gallun June 15, 2009 (Crain’s) — The number of empty houses dotting the local landscape continues to rise as more Chicago-area homeowners lose their properties to foreclosure. The local home vacancy rate hit 3.8% in the...
June 14, 2009 Cut first, reform the budget process, then “discuss” new revenues. This is the Republican creed on Illinois’ two-year, $12 billion budget deficit. House Republican votes are needed to pass a budget that doesn’t massacre services...
By Josh Kalven June 12, 2009 On WTTW last night, State Sen. Matt Murphy (R-Palatine) once again cited Medicaid reform as a surefire way to plug the state’s budget deficit. He proposed double-checking income "to confirm that you...
By Nathaniel Zimmer June 7, 2009 As the recession continues, the Southland is suffering as much as any part of the Chicago region. East of Interstate 57, the foreclosure rate is sky-high. Estimated unemployment has spiked in some...
By Angela Caputo June 5, 2009 If there’s one point that Gov. Pat Quinn’s Taxpayer Action Board drove home with the report it delivered yesterday, it’s that cash-starved Illinois isn’t the big spender (PDF) conservatives would have you...