Topic: Illinois

Bank repossessions drive up July foreclosures

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 ...
Southwestern Ill. home where mother, 2 sons were found strangled draws only 1 bid at auctionThe 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 ...
Author: Jim Brown After foreclosure rates in 2009 hitting a depressing high, many look to 2010 for hope. Unfortunately, that hope may be misplaced. Since the reports on loan modification approvals came in far below expectations and joblessness is still on the ...

U.S. 2009 foreclosures shatter record despite aid

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 ...
Cytec falls; Goldman recommends selling on 'bleak' industry outlook; uncertain Europe economyCalifornia'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 Center on ...
Sheriffs, state governments move to help renters who are innocent victims of foreclosureTita 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 ...