The newly released data also show: Despite recent declines in completed foreclosure auction activity, Cook County experienced significant increases in the number of completed foreclosure auctions in the first quarter of 2010. Between 2008 and 2009, Cook County saw...
By Francine Knowles April 29, 2010 The number of Chicago metropolitan area homes lost to completed foreclosure auctions jumped 56 percent in the first quarter from a year earlier to the highest level since the beginning of the mortgage...
By Mary Ellen Podmolik April 29, 2010 More Chicago-area homeowners lost their homes to foreclosure in the first three months of the year than in any quarter in the past five years. This disturbing statistic raises doubts about the...
By Ashley Gross April 29, 2010 A new report shows a recent spike in foreclosed homes sold at auction in the Chicago region. The number of homes sold in foreclosure auctions jumped 56 percent in the Chicago area in...
Foreclosures_1Q2010_Woodstock.pdf Aggregated by community area, ward, suburban region, and municipality, Woodstock’s first quarter 2010 foreclosure update offer community stakeholders the information they need to understand the scope of the problem and measure the success of their efforts.
The Department of the Treasury released its ninth report card on how mortgage lenders are doing modifying loans for eligible homeowners under the government’s Making Home Affordable program (see our previous analyses). The Chicago metro area is lagging the...
Until recently, the personal savings rate in the U.S. was negative 0.5 percent. Children need to be taught the importance of savings early. Governor Quinn is appointing a Task Force mandated to explore the development of a plan for...
“This law is about making capitalism work for all Americans, urban and rural, white and black, for men and for women,” said John Taylor, president & CEO of NCRC, at the hearing. “Strengthening CRA would promote sustainable housing and...
The task force is charged with developing recommendations for a universal, statewide children’s savings plan which could help ensure that all Illinois children have the opportunity to build assets. Opened at birth and linked to financial education, the accounts...
The STABLE Project, which includes HUD-certified counseling agency Nobel Neighbors, Partners in Community Building (PICB), Westside Ministers Coalition Community Development Corporation (WMCDC) and the Monroe Foundation, will proactively identify homeowners at risk of foreclosure, help them participate in the...