Completed Foreclosures Skyrocket Following ‘Robo-Signing’ Settlement (Progress Illinois)

Emanuel: Eminent domain not ‘the right instrument’ to address underwater mortgages (Chicago Tribune)

Chicago area sees big jump in foreclosure auctions (Chicago Public Radio)

First Half 2012 Foreclosure Filings and Auctions

Burke says city should consider seizing ‘underwater’ homes (Chicago Sun-Times)

Mortgage fraud bill stiffens penalties, boosts fees and fines (Chicago Reporter)

Community and Consumer Groups to President Obama: Use Recess Appointment to Replace DeMarco

Kendall County suffers highest local rate of bank-owned sales (Crain’s Real Estate Daily)

Mortgage Complaints Dominate CFPB Semi-Annual Report (Chicago Agent Magazine)

DeMarco wrongly rejects principal reductions for GSE-backed mortgages

From the President: ‘Disparate impact’ doctrine is vital for fair lending exams

Government-backed home loans prevalent on West Side (Austin Talks)

Fannie and Freddie reject mortgage loan forgiveness (Chicago Tribune)

Research Corner: Dual mortgage market shows need for continued fair lending enforcement

Alderman wants to explore fighting foreclosures with eminent domain (Crain’s Real Estate Daily)

Senator Dick Durbin proposes 36 percent rate cap for payday loans, other forms of high-cost credit

Cook County Board of Commissioners vote to start work on land bank

Blacks, Latinos Face Ongoing Discrimination In Mortgage Lending Process, Report Finds (Progress Illinois)

Study finds minority homebuyers get fewer conventional loans (Cleveland Plain Dealer)

Blacks and Latinos Steered to Government-Backed Loans: Report (American Banker)