Tag Archives: foreclosures

Chicago-area foreclosures soar 20% in 2010

By Mary Ellen Podmolik Posted yesterday at 8:36 a.m. Bank repossessions of foreclosed homes in the Chicago region soared almost 20 percent, to more than 45,000 properties in 2010, despite various government and lender programs designed to keep people in their properties and a slowdown in fourth-quarter activity due to …

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Foreclosures and short sales in Chicago’s University Commons

Back in February I posted on the short sales and foreclosures in Chicago’s University Commons development, which is right next to University Village where I live. At that time 11 out of the 21 sales in the preceding 12 month period were distressed properties – either short sales or foreclosures. …

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Chicago sheriff says no to enforcing foreclosures – CNBC

CHICAGO – Two of the largest U.S. mortgage servicers have said they will resume home foreclosures, but a big-city sheriff has news for them: he won’t enforce their foreclosure evictions. The sheriff for Cook County, Illinois, which includes the city of Chicago, said on Tuesday he will not enforce foreclosure …

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