Chicago Cab Drivers Protest Rising ForeclosuresDozens of cab drivers protested Tuesday morning outside the office of LOMTO Federal Credit Union's Chicago legal representatives, 661 W. Grand.
Lewis Points Finger At 'Rich White People' For School ProblemsA day before the first set of school closings was set to begin, Chicago Teachers Union President Karen Lewis had some harsh words about how the Chicago Public Schools are funded and managed, blaming much of the district’s problems on racism.
Aldermen Backing Ordinance To Protect Renters After ForeclosuresSeveral aldermen have joined community activists in calling for passage of a measure designed to prevent more buildings from becoming vacant.
South Suburban Company Transforms Foreclosures Into RentalsJim McClelland's company has bought more than 1,000 foreclosed houses, renovated them and rented them out to new tenants.
October Foreclosures Rise 20 Percent In IllinoisNew figures show October home foreclosures up nearly 20 percent in Illinois, compared with a year ago.
Home Foreclosures Taking Nearly Two Years In IllinoisIt's taking longer than ever for Chicago area lenders to work through the state's backlog of home foreclosures.
Illinois Tops The Nation For Home ForeclosuresThe state of Illinois now claims an unenviable distinction – it now leads the nation in home foreclosures.
Protesters March In Loop, Demand Freeze On ForeclosuresWith just four days to go before the NATO Summit, protesters have already been making their presence known for three days.
Foreclosure Prevention Workshop Gets ‘Tremendous Response’In Chicago, 97,000 homes were foreclosed last year – the second-highest foreclosure rate in the nation. Statewide, more than 103,000 homes had a foreclosure filing in 2011, the eighth-highest rate in the country.
Foreclosures Down From January, Up From Last YearHome foreclosures in Illinois were down last month compared with January, but up significantly from the year before.
Illinois Ranked 7th Worst State For ForeclosuresIllinois has found its way onto the list of the top 10 states with the highest foreclosure rates.
Singer R. Kelly's Olympia Fields Home On Market For $1.6 MillionChicago-born singer R-Kelly's suburban home is on the market following a foreclosure suit this summer.
Illinois Home Foreclosures Rise Nearly 10 Percent In OctoberIllinois home foreclosure activity rose 9.7 percent in October compared to the previous month.
Report: Foreclosed Homes Account For A Third Of All SalesThe latest figures from RealtyTrac show that in Illinois and nationwide, foreclosed homes now account for about a third of all home sales.
Emanuel Announces Program To Curb Damage Done By ForeclosuresMayor Rahm Emanuel has revealed the second phase of the city's assault on the home foreclosure crisis. First, Emanuel pushed through an ordinance making banks responsible for maintaining foreclosed properties. On Wednesday, he unveiled a strategy to keep those homes occupied.