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Mortgage rates expected to slide on new Fed move
Money & CompanyThe Federal Reserve’s latest economic-stimulus move tells the markets one thing loud and clear: The Fed wants mortgage rates under 4%, and soon. The central bank, in its post-meeting statement Wednesday, committed to shifting its $1.66-trillion... -
5 men charged in North Shore mortgage fraud scheme
TribLocal - Northbrook » NewsThe U.S. Justice Department today said federal charges were filed against five men from the northern suburbs who are accused of engaging in a $15.7 …... -
Buy now: Time is running out on the first-time buyers tax credit
This article contains revised material.
The federal government, through the American Recovery and Reinvestment Act of 2009, is offering a leg up on home ownership. But don't be caught lagging behind. A tax credit of up to $8,000 is available for...Tags: State Budgets, Vacation and Timeshares, Rentals, Federal Income Tax, Government
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Tax credit, low rates favor home buyer
Spring 2010 is shaping up to be an excellent time to buy a newly constructed home. But you have to move fast. All indicators point to an opportune environment that the smart buyer can't - and won't - ignore.
"Today is a great time to buy a newly...Tags: State Budgets, Sports, Federal Reserve, Real Estate Buyers, Chicago Tribune
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$20 million in loans to felons
The family bank of Democratic Senate candidate Alexi Giannoulias loaned a pair of Chicago crime figures about $20 million during a 14-month period when Giannoulias was a senior loan officer, according to a Tribune examination that provides new details...Tags: Mergers, Acquisitions and Takeovers, Hotels and Accommodations, California, Music Theater, Bars and Clubs
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Two-flat comeback
Tribune reporterAnup Bhattarai has been watching a lot of YouTube lately. Not that he has idle time on his hands -- quite the opposite, in fact. Bhattarai, 34, just bought a two-flat in Logan Square for $265,000, which he's rehabbing himself: repairing leaky pipes,...Tags: Rentals, Computer Networking and Internet, YouTube, Wicker Park, Real Estate Buyers
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Owners' 'strategic defaults' on mortgages depend largely on how far underwater they are
That some underwater owners -- whose houses are worth less than what they owe -- are walking away from their homes even though they can still afford to make their mortgage payments has been well reported, if not well documented.
But just how prevalent...Tags: Republican Party, Washington (U.S. state), San Clemente (Orange, California), Real Estate, Financial and Business Services
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Many underwater homeowners are deliberately walking away from mortgages
Would you, under any circumstances, default on your home mortgage, even if you could afford to make the monthly payments? That's a trickier question than you might assume, according to new research from the University of Chicago's Booth School of...Tags: Republican Party, Washington (U.S. state), Freddie Mac, Fannie Mae, California
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Builders likely to offer incentives after federal tax credits expire
With the April 30 deadline looming, home buyers need to get a move on if they hope to qualify for the federal tax credits of $8,000 for first-timers or $6,500 for owners wishing to move up. But even if you don't have a binding contract in place by the...Tags: State Budgets, Washington (U.S. state), Marketing, California, San Diego (San Diego, California)
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Where's relief for homeowners who played by rules?
![The misdeeds on Wall Street that worsened the financial crisis have created a legion of angry homeowners asking, "Where's my bailout?"](http://media.trb.com/media/thumbnails/column/2010-05/53870558-21034206.jpg "The misdeeds on Wall Street that worsened the financial crisis have created a legion of angry homeowners asking, "Where's my bailout?\"")
The misdeeds on Wall Street that worsened the financial crisis have created a legion of angry homeowners asking, "Where's my bailout?"
Some homeowners feel justified in walking away from their mortgages. After all, banks and other financial companies...Tags: Rentals, Finance, University of Chicago, Barack Obama, Economy, Business and Finance
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Text of President Obama's State of the Union address
Text of President Barack Obama's State of the Union address, as provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed...Tags: Teaching and Learning, Invention and Innovation, Renewable Energy, Computing and Information Technology Industry, Barack Obama
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Man gets 20 years and must pay $56M for fraud
A Country Club Hills man was sentenced today to 20 years in federal prison and was ordered to pay more than $56 million today in a mortgage fraud scheme in what is being called among the largest federal prosecutions in Chicago, officials said. Bobbie L....Tags: Punishment, Government Postal Delivery, California, Fraud, Prisons
Sep 21, 2011
| Los Angeles Times
Jun 3, 2011
| Chicago Tribune
Sep 11, 2009
|Story| Chicago Tribune
Feb 26, 2010
|Story| Chicago Tribune
Apr 1, 2010
|Story| Chicago Tribune
Jun 28, 2009
|Story| Chicago Tribune
Nov 22, 2009
|Story| Los Angeles Times
Jul 12, 2009
|Story| Los Angeles Times
Apr 18, 2010
|Story| Los Angeles Times
May 20, 2010
|Column| Orlando Sentinel
Jan 25, 2011
|Story| Internet - Fair Use
Mar 4, 2011
|Story| Chicago Breaking News
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