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Tag Archives: foreclosure

Not a Wonderful Life: The Effects of Aggressive Foreclosure

Zabrina Worthy frets when she talks about losing her house. She never saw how it could happen to her the way it did. Her voice cracked with tears at the first words she spoke to me, over the telephone: “I completely lost everything I had.” When they boarded her house, …

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Numbers don’t add up to housing recovery

Three reports issued Monday paint a grim picture of the Chicago area’s foreclosure crisis November 22, 2010|By Mary Ellen Podmolik, Tribune reporter Three reports issued Monday paint a grim picture of the Chicago area’s foreclosure crisis and signal that the local housing market’s recovery continues to bump along the bottom. …

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Chicago foreclosures: Foreclosures put chill on hot Chicago neighborhoods

Chicago’s once-hot neighborhoods are getting hammered by foreclosures. In Chicago’s Loop, for instance, 73 foreclosure filings were made during the three months ended Sept. 30. Combine that with filings made earlier in the year and foreclosures are up almost 77 percent from the first nine months of 2009, to 205 …

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