News on Illinois

Report: Tough times far from over for states

2010-12-07T21:30:11Z

Report: Tough budget times are far from over for many states, may last another 3 years

Lawmakers have reduced spending for parks, health care for low-income children and some state-funded medical transplants. Still, the tough times are far from over.

A report by the National Conference of State Legislatures to be released Wednesday s...

Foreclosure or Short Sale

2010-11-03T03:35:00Z

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Stopping Foreclosure Using Right of Redemption Laws: Get Your Home Back Even After It’s Sold as a Foreclosure

2010-11-02T18:00:12Z

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Illinois Foreclosure Laws on a Contract for Deed

2010-10-10T20:38:21Z

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Number of Foreclosures in August, 2010 Still Falling

2010-09-11T16:20:57Z

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Bank repossessions drive up July foreclosures

2010-08-12T07:45:07Z

NEW YORK (Reuters) - More Americans fell into foreclosure in July as a sour job market kept them from making payments, and banks took over homes at a near record pace.

Banks repossessed the second highest monthly number of homes ever last month, working through distressed loans already on their books rather than sharply stepping up new default notices, real estate data company Southwestern Ill. home where mother, 2 sons were found strangled draws only 1 bid at auction

The white, three-bedroom, lakeside home with blue shutters in the well-manicured subdivision might have drawn more bidders to a foreclosure auction if not for the triple slaying that took place there last year.

Police have said former bodyguard Christopher Coleman spray-painted graffiti on a living...

U.S. 2009 foreclosures shatter record despite aid

2010-06-16T11:26:05Z

NEW YORK (Reuters) - U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday.

A record 2.8 million properties with a mortgage got a foreclosure notice last yea...

Cytec shares fall; Goldman cites industry troubles

2010-06-15T09:18:12Z

Cytec falls; Goldman recommends selling on 'bleak' industry outlook; uncertain Europe economy

California's ongoing fiscal crisis has attracted national attention, but a study warns that nine other states are barreling toward similar economic disaster.

A report released Wednesday by the Pew...

Obama's Efforts Failing To Stem Foreclosures

2010-10-22T07:43:50Z

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Renters in foreclosed homes get help

2010-06-15T09:53:25Z

Sheriffs, state governments move to help renters who are innocent victims of foreclosure

Tita Mendoza and her husband moved into their Miami Beach condo in June and have been dutifully paying the $1,800 rent on time every month. And yet, they could be evicted any day now.

Last month, the Mendozas were served with court papers notifying them that their landlord was being foreclosed on, meaning the couple c...

Foreclosure Scams Lurking In Your Neighborhood

2010-10-19T17:10:30Z

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Housing Market Tracker - Even Mortgage Brokers Want to Stop Foreclosures

2010-10-19T12:49:08Z

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This is Not the Time for Investors to Be Catching Falling Knives

2010-10-19T09:59:08Z

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Superman's Hometown Labor Strife

2010-12-20T14:01:53Z

In this Dec. 9, 2010, photo white crosses lset up by locked-out union workers at a Honeywell plant in Metropolis _ the adopted southern Illinois hometown of Superman _ represent former workers the union says died of cancer. The plant, which helps turn radioactive uranium into eventual fuel for nuclear power. lo...

Oakland Mich Illinois Basketball

2010-12-08T19:32:34Z

Illinois' guard Brandon Paul (3) loses the ball after a block by Oakland (Mich.) guard Reggie Hamilton (23) during the first half of an Mississippi River in Alton, Ill. Illinois, desperate for relief from its budget woes, is considering a massive casino expansion that experts say could leave neighboring states playing for smaller stakes and could even squeeze out some of the competition from within. Ill...

UNLV Illinois St Basketball

2010-12-01T19:33:53Z

UNLV's Derrick Jasper (5) and Tre'von Willis (33) race to a loose ball ahead of Illinois State's Tony Lewis (34) during the first half of an NCA...

Purdue Southern Illinois Basketball

2010-11-26T20:31:48Z

Southern Illinois head coach Chris Lowery, right, talks to Mamadou Seck against Purdue at the 5th annual Chicago Invitational (Basketball) Challenge in Hoffman Estates