5 Articles match "Chicago","Help"

• The Best from RealtyTrac

  MORE

• Freddie Mac turns to YouTube to help troubled homeowners
  
  Freddie Mac turns to YouTube to help troubled homeowners Chicago Sun-Times Mortgage giant Freddie Mac is using YouTube.com to educate homeowners at risk of foreclosure on how they can help reduce the stress and time it takes to get a mortgage modification...( read more
  Foreclosure Pulse - Thursday, July 23, 2009
  READ MORE
• Legislating Lower Foreclosure Rates?
  
  An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Governor Suspends Controversial Law Affecting Investors
  
  But House Bill 4050 (renamed Public Act 94-280) is now null and void, which should be a relief to real estate investors and prospective homebuyers looking for bargain property in south Chicago . For legitimate investors looking to help homeowners in distress, the law’s suspension is welcome news. Although its intent was to reduce foreclosures in certain blighted areas in Chicago, It was controversial when it took effect, and it remained controversial until public officials decided enough was enough – roughly a little more than a year later. Responding to the public outcry of legislative
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• How Can Financially-Troubled Homeowners Prevent Foreclosure?
  
  Nationwide, a growing number of community groups are helping distressed homeowners avoid foreclosure. Or consider contacting the National Training and Information Center (NTIC) , a Chicago-based nonprofit community network. Today, more than ever, homeowners behind on their mortgage payments have many options to help them keep their families in their homes. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? For the 112,210 Americans who entered the foreclosure pipeline in September, the answer is simple:
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Mayors Predict Rising Foreclosures in 2008
  
  billion, Dallas and Washington at $4 billion each, and Chicago at $3.9 Presidents Bushs plan isnt going to help many people because it is geared at people who cannot afford the payments due to the rate increase but listen to this, what about the part of the plan that says that you have to have good credit??? You have to do what you have to but people with good credit will find a way and dont need the help of the government. Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE