Rolling Meadows Real Estate News
Real Estate news for Rolling Meadows, IL continually updated from thousands of sources.
Tuesday Dec 23 | via FindLaw
A 1 Plaintiff, Daniel Thomas, filed a petition for writ of certiorari in the circuit court seeking review of a Chicago Transit Board ordinance sustaining the Chicago Transit Authority's termination of Thomas's employment for violation of its requirement that certain employees reside within a specified service area. The trial court denied the petition. Comment?
Monday Dec 15 | via Chicago's Home Weblog
I've posted these Chicago Real Estate Purchase Steps in varying forms over the years but I believe the message bears repeating. The buy and sell transaction process is handled a little differently here than in other areas of the country . Comment?
Monday Dec 1 | via Sys-Con Media
The lawsuit alleges that defendants' predatory and discriminatory mortgage lending, servicing and foreclosure activities are part of a broad "equity stripping" practice that continues to this day and, in part, led to the foreclosure crisis in At issue are over 55,000 potentially predatory and discriminatory mortgage loans Wells Fargo is now responsible for that it, and its affiliates, made to minority borrowers in minority neighborhoods and communities as depicted on the attached GIS map. In contrast, just 22.6% of all owner-occupied homes in The County is seeking injunctive relief and monetary damages for the resulting harm that the defendants caused. Comment?
Monday Dec 1 | via Housing Wire
Cook County, Illinois accused Wells Fargo of targeting black and Latino borrowers for more costly home loans than their white counterparts in the Chicago area. Per Bloomberg : The bank's tactics start at home-loan origination and continue through refinancing and foreclosure, the country said, a process its lawyers summarized in the complaint as "equity stripping." Comment?
Monday Dec 1 | via Chicago Tribune
Cook County has filed a federal lawsuit against a third mortgage lender, alleging that unfair, predatory lending and loan serving practices, particularly in minority communities, violated the Fair Housing Act. The suit, filed against Wells Fargo on Friday in U.S. District Court in Chicago, is similar to others brought in late March against HSBC, Bank of America and its subsidiaries Countrywide and Merrill Lynch. Comment?
Tuesday Dec 23 | via Big News Network.com
Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states. Comment?
Sunday Dec 21 | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Thursday Dec 18 | via The Capitol Fax Blog
A federal jury Wednesday found a Chicago couple guilty on all counts in a state grant scam trial that featured testimony about power, money and sex and saw a high-profile ruling that one of President Barack Obama's golfing buddies was a hostile witness. The seven-man, five-woman jury deliberated for about five hours on the fate of Leon and Karin Dingle, who faced conspiracy, mail fraud and money laundering charges. Comment?
Wednesday Dec 17 | via Inman News
Executives with leading multiple listing services, franchisors and brokers have been working for months on a plan to launch a new national listing portal to serve as a broker-centric alternative to the big search portals like Zillow, Trulia and realtor.com , Inman has learned. According to internal communications among participants, the group is not legally organized and has not secured funding. Comment?
Tuesday Dec 16 | via Northwest Herald
SPRINGFIELD – A federal jury will begin deliberating Wednesday in the trial of a Chicago businessman and his wife, who are accused of using millions of dollars in state public health grant money for luxury cars, vacation-home upkeep and a mortgage for their son. Leon Dingle, 77, and Karin Dingle, 75, are charged with conspiracy, mail fraud and money laundering for allegedly steering grant money intended for AIDS- and cancer-awareness campaigns through a web of organizations and into their pockets. Comment?
18 min ago | via Seeking Alpha
AGNC will continue to take advantage of low interest rates and adjust its portfolio accordingly when the rates finally rise. In this article, I will be discussing my top picks within mortgage-backed REITs for 2015. Comment?
21 min ago | via The Daily Republic
All the additions in communication can benefit buyers and sellers, she said, but nothing can replace seeing a home yourself with a Realtor. What you see on a computer about a property, she said, is not always what the land is like. Comment?
22 min ago | via The Daily Republic
Pam Watson has sold more than 1,700 homes - including one property four times over 15 years - success that partly reflects her acceptance of new technology. Three-quarters of the people using the Internet then were from the Bay Area, recalls Watson, who cites other reasons besides adapting to technology as among reasons she's sold so many homes. Comment?
52 min ago | via The Spokesman-Review
While many neighborhoods continue to steam along with consistent home sales, the national scene chugs along like a locomotive climbing a steep incline after an engine rebuild. "The housing market continues to grind its way upward, but we don't expect a breakout performance in 2015 as the fundamentals remain somewhat muted," said Doug Duncan, Fannie's chief economist. Comment?
52 min ago | via Banker & Tradesman
For David Foster of Chicago, it was a stunning and welcome early Christmas present for him, his wife and three young children. The Senate's 11th-hour extension of the Mortgage Forgiveness Debt Relief Act through Dec. 31 will save Foster, who works for a nonprofit ministry group, from having to pay the IRS about $28,000 next year on $100,000 of mortgage debt canceled by his bank as part of a short sale on his condo. Comment?
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