CHICAGO | Gov. Pat Quinn has signed legislation to prevent lenders from selling a home if the homeowner is applying for federal mortgage assistance.
Foreclosure is about to descend on hundreds of Indiana residents between now and the onset of winter.
CHICAGO | A federal judge in Chicago dealt a blow to a city ordinance designed to address neighborhood blight caused by vacant buildings in foreclosure — though the city said Monday it would keep pressing for better maintenance of such properties.
Short sales have become increasingly common since the mortgage crisis of 2008. In fact, they accounted for 22 percent of all residential sales in 2012, according to the 2012 U.S. Foreclosure and Short Sales Report by RealtyTrac, an online marketplace for foreclosure properties.
CROWN POINT | Attorney General Greg Zoeller said Monday two foreclosure consultant companies face state lawsuits. They are accused of taking more than $2,600 from local homeowners and not providing services or refunds.
CHICAGO | Illinois Attorney General Lisa Madigan announced nearly $1.4 million from a recent settlement will go toward legal help for renters.
The selection of an administrator to manage a $25 billion national settlement reached with five large mortgage servicers earlier this year could bring many Indiana and Illinois borrowers relief on their mortgages.
HAMMOND | Like many Americans swept under by the economic recession, Cynthia Lyles found herself out of work, her savings gone, bills piling up and creditors calling.
Miniature house and padlock, representing foreclosed home.
HEBRON | With some communities facing a 20 percent vacancy rate because of foreclosures brought on by the economy, the Town Council on Tuesday adopted an ordinance to prevent problems caused by neglected properties.
MERRILLVILLE | More than 70 Indiana residents — including some from the region — who were victims of foreclosure-rescue fraud will receive payments totaling $60,000 from the state's Consumer Protection Assistance Fund, a state official said Monday.
Indiana Attorney General Greg Zoeller, center, and Indiana state Sens. Frank Mrvan, left, and Sue Landske discuss the newly created Consumer Protection Assistance Fund during a news conference in Merrillville. The fund will distribute money to state victims of foreclosure-rescue fraud.
Indiana Attorney General Greg Zoeller, center, thanks Indiana state Sens. Sue Landske, right, and Frank Mrvan for their part in creating the Consumer Protection Assistance Fund while speaking at a news conference in Merrillville.
Indiana Attorney General Greg Zoeller announces $60,000 in funds from the Consumer Protection Assistance Fund will be used to help more than 70 victims of foreclosure-rescue fraud including a couple from Lake County. Zoeller talked about the newly created fund at a news conference in Merrillville.
INDIANAPOLIS | Two Northwest Indiana homeowners victimized in foreclosure-rescue scams are among 74 Hoosiers who will share in a $60,000 payment from the state's new Consumer Protection Assistance Fund.
CROWN POINT | A recent foreclosure on controversial East Chicago political insider Michael Pannos' Merrillville home marks the third property the embattled politico has lost to the banks within about a year.
A sheriff's sale of the White Hawk Country Club on Friday was canceled, raising hopes a buyer has been found for one of the region's premier golf clubs.
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