foreclosure

(Photo by Dan Kitwood/Getty Images)

Neighbors Rally Behind West Side Woman Facing Eviction

Neighbors of an 85-year-old West Side woman are coming to her defense after she fell victim to an alleged predatory lending scheme and faces eviction.

08/02/2014

File Photo Of Foreclosure Sign (AP Photo)

New State Law Offers Protections For Renters In Buildings In Foreclosure

People who rent apartments now have more protections if the owners of their buildings face foreclosure. That’s thanks to a new state law, reports WBBM Political Editor Craig Dellimore.

08/21/2013

Chicago Firefighters Union Local 2 President Tom Ryan announces the union's support for an ordinance that would prevent banks from kicking out renters during foreclosure proceedings. (Credit: Bernie Tafoya/WBBM)

Firefighters Union Backs Ordinance To Allow Renters To Stay Put During Foreclosures

The union that represents Chicago firefighters is getting behind a proposal that would prevent banks from kicking out renters during foreclosure proceedings.

05/31/2013

Ricardo Cerezo holds an oversized check for $4.85 million after cashing in a winning Lottery ticket his wife found in a cookie jar, just as the family was facing eviction from their home in Geneva. (Credit: Illinois Lottery)

Facing Foreclosure And Eviction, Family Finds Winning Lotto Ticket

The timing couldn’t have been better for a family from north suburban Geneva when they hit the jackpot after finding some old Lotto tickets stuffed in a cookie jar.

05/16/2013

File Photo Of Foreclosure Sign (AP Photo)

Housing Advocates Want Banks To Reimburse Renters Kicked Out Due To Foreclosure

Housing advocates have thrown their support behind an ordinance introduced to the Chicago City Council, saying it could help renters and keep neighborhoods safer.

04/30/2013

Home for sale, file. (Scott Olson/Getty Images)

Event To Help Homeowners Facing Foreclosure

Homeowners facing foreclosure on their properties could find help tomorrow at a Keep Your Home, Illinois event sponsored by the state.

10/12/2012

File Photo Of Foreclosure Sign (AP Photo)

Foreclosed Homeowners Demand Moratorium On Evictions

Nearly 150 angry homeowners and renters, many facing foreclosure, jammed a near West Side union hall to demand a moratorium on evictions.

WBBM Newsradio–08/10/2012

Mitt and Ann Romney (Photo by Joe Raedle/Getty Images)

Opinion: Mitt Romney’s Bailout Double Standard

Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.

07/25/2012

Photo Of Hip-Hop Artist Common (Scott Gries/Getty Images)

Report: Rapper Common May Lose Condo To Foreclosure

Common may be in jeopardy of losing his Chicago condominium to foreclosure, according to an online report.

07/23/2012

File Photo Of Foreclosure Sign (AP Photo)

Report: Illinois Has Nation’s Fifth Highest Foreclosure Rate

New figures suggest lenders are catching up on Chicago-area home foreclosures after last year’s robo-signing scandal forestalled some of them.

WBBM Newsradio–06/14/2012

Community activists want vacant buildings like this one, which are owned by banks after foreclosures, to be boarded up, cleaned up and secured before the first day of classes for the Chicago Public Schools. (Credit: CBS)

Fine Collections Against Banks Way Up Since Ordinance On Vacant Properties

Since the City Council approved an ordinance holding banks accountable for vacant properties, the city has collected more than $600,000 in fines from financial institutions.

CBS Chicago–05/03/2012

File Photo Of Foreclosure Sign (AP Photo)

Government-Sponsored Program Set To Help Struggling Homeowners

Chicago has one of the highest delinquent mortgage rates in the country, and a government-sponsored program is being held in Rosemont Monday for struggling homeowners.

WBBM Newsradio–04/23/2012

Tenants of a West Side building that is in foreclosure are threatening a rent strike. They say the building's furnace was ripped out or stolen, and the building's receiver has not replaced it. (Credit: CBS)

West Side Tenants Threaten Rent Strike Over Repair Dispute

Tenants of an apartment building that’s in foreclosure in the Austin neighborhood on Chicago’s West Side say they’re fed up and are threatening a rent strike.

CBS Chicago–04/07/2012

Retired nun Mary Alice Keeler says she's close to being evicted from her longtim home. (CBS)

Eviction Of Retired Nun May Be At Hand

CBS 2’s Mike Parker first reported on the plight of Mary Alice Keeler in September, and now there are signs that authorities may be about to make their move to force her out of her house.

12/26/2011

File Photo Of Foreclosure Sign (AP Photo)

NAACP To Teach Homeowners About Foreclosure Rights

A local branch of the NAACP wants to make sure homeowners know their rights when it comes to foreclosure.

CBS 2–12/22/2011

R. Kelly

Singer R. Kelly’s Olympia Fields Home On Market For $1.6 Million

Chicago-born singer R-Kelly’s suburban home is on the market following a foreclosure suit this summer.

12/14/2011

Addison Park On Clark

Wrigleyville Hotel-Retail Development Hit With Foreclosure

The massive Addison Park on Clark hotel-residential-retail development in Wrigleyville got the green light from the City Council last year, despite heated opposition from many neighbors.

CBS Chicago–10/13/2011

Mary Alice Keeler, 76, is in danger of losing her home. (CBS)

Former Nun Becomes Casualty Of Mortgage Crisis

Foreclosure can happen to anybody, even an elderly retired nun from Chicago. She’s been foreclosed and is worried about being put out on the street, CBS 2’s Mike Parker reports.

09/12/2011

The worksite for the Chicago Spire skyscraper sits abandoned (Scott Olson/Getty Images)

Report: Spire Developer’s Gold Coast House In Foreclosure

The developer of the defunct Chicago Spire condo tower is now the subject of a foreclosure lawsuit on his Gold Coast home.

CBS Chicago–08/26/2011

Wrigley Field

Wrigley Rooftop Club Files For Bankruptcy To Block Auction

The owners of a rooftop club across from Wrigley Field have filed for Chapter 11 bankruptcy, in order to block a foreclosure auction that was set to go ahead within hours.

CBS Chicago–08/26/2011

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