Upcoming Foreclosures - Illinois Foreclosure Law News

Illinois Foreclosure Law News

Prohibiting credit checks on job-hunters Monday, August 30, 2010 @ 1:55PMCHICAGO (WBBM) – Congressman Luis Gutierrez wants a federal law that duplicates a law that will take effect here in Illinois on January 1: Prohibiting employers from running credit checks on job-hunters. Congressman Luis Gutierrez says the way it stands now, people who need jobs are denied them if they have a shaky credit history. [...]
The Continued Stealth Takeover of the Courts Friday, August 27, 2010 @ 2:37AMIn case you’ve managed not to notice, the old saw, “the best government money can buy” increasingly applies to our legal system. In ECONNED, I describe briefly how a well funded “law and economics” movement which had corporate backing, including from the extreme right wing that was systematically trying to move America to the right, [...]
Lawsuit alleges abuse by officers in Island Lake Friday, August 20, 2010 @ 6:36PMISLAND LAKE – Two residents have filed a lawsuit seeking millions of dollars in damages against four Island Lake police officers and a Wauconda officer.
Barbie Gets Ordained Friday, August 20, 2010 @ 9:12AM*With her careers as veterinarian, astronaut and U.S. president behind her, Barbie has at last found her true calling: as a second-career Episcopal priest, reports the Religion News Service.The 11.5-inch-tall fictional graduate of Church Divinity School of the Pacific in Berkeley, Calif., has donned a cassock and surplice and is rector at St. Barbara’s-by-the-Sea in [...]
S.C.’s 24-hour Wait Period Before Abortion Friday, August 20, 2010 @ 9:11AM*CBN.com reports: South Carolina now requires a 24-hour waiting period before an abortion, thanks to a new law signed Wednesday by the governor. Gov. Mark Sanford signed the measure over the objections of critics who say it will burden women. “Our founding fathers gave us life, liberty. and the pursuit of happiness,” Sanford told the Spartan [...]
Spiritual Memoirs Making Comeback Due to `Eat, Pray, Love’ Friday, August 20, 2010 @ 9:11AM*Believers have been writing about their spiritual journeys ever since St. Augustine invented the autobiography 16 centuries ago. Today, spiritual memoirs are enjoying a popular resurrection.Exhibit A is Elizabeth Gilbert’s “Eat, Pray, Love,” which describes Gilbert’s midlife meltdown and her subsequent yearlong global quest for food, salvation and sex. Published in 2006, the book has [...]
Word of the Day: Let the Games Begin! Friday, August 20, 2010 @ 9:11AM*For the first time (in a long time), I am actually a little excited about next month’s Olympic Games.Although I think the marketing and promotions for the games are probably the worst it’s ever been, not to mention the whole uproar on whether or not we (as a nation) should be protesting them or not [...]
Quinn veto postpones change in foreclosure sales law Thursday, August 19, 2010 @ 4:16AMSPRINGFIELD -- Gov. Pat Quinn has delayed the starting date of a bill that will change the way most counties handle foreclosures.House Bill 5055 gives plaintiffs -- typically banks -- the right to have a private company handle foreclosure sales, which now typically are handled by the county sheriff. It has always been legal in Illinois for private companies to conduct foreclosure sales, but ...
Mississippi news at 2 a.m. Thursday, August 12, 2010 @ 2:17PMGood morning, Mississippi editors.
Jobless homeowners to get $3 billion in aid Thursday, August 12, 2010 @ 2:16AMThe Obama administration announced Wednesday it will send a $3 billion lifeline to jobless homeowners struggling to make mortgage payments.
Management lease on tollway oases for sale Thursday, August 12, 2010 @ 12:43AMLeases of seven Illinois Tollway oases, including the one on Interstate 88 in DeKalb, will be auctioned off in Chicago on Aug. 25.
Foreclosures continue to soar in Illinois, defying nationwide trend Thursday, August 12, 2010 @ 12:00AMForeclosures in Illinois soared about 35 percent higher in July compared to a year ago, keeping the state in the top 10 with the biggest monthly increase nationwide, according to a RealtyTrac Inc. report released today.
Second white male invites Hillary out Tuesday, August 10, 2010 @ 9:02AMWASHINGTON -- No one seems to be listening to Democratic National Chairman Howard Dean's pleas to the camps of Sen. Barack Obama and Sen. Hillary Clinton to cool the rhetoric.
Senate Week in Review: Aug. 2-6 Friday, August 6, 2010 @ 2:57PMSPRINGFIELD — Republican legislative leaders called for further investigation into Gov. Pat Quinn’s “MGT Push” prisoner early-release program, the governor announced more budget cuts, and Illinois parents geared up for a sales tax holiday on school goods, according to state Sen. Dale Risinger, R-Peoria.
Community Calendar Thursday, August 5, 2010 @ 5:32AMDeadline for calendar items is two weeks in advance of the desired publication date. Send information on clubs, lectures, community events, religious events, reunions, support groups and singles to: Community Calendar, Pioneer Press, 3701 W. Lake Ave., Glenview IL 60026, fax to (847) 486-7451 or e-mail to glenview@pioneerlocal.com.
Local digest: County plans crime lab expansion Tuesday, August 3, 2010 @ 12:06AMCLAYTON > County plans crime lab expansion • St. Louis County expects to more than triple the space for its police crime lab by moving from 111 South Brentwood Boulevard to vacant space in the an
Restaurateur's son takes page from dad Sunday, August 1, 2010 @ 4:33PMWOOD RIVER - The son of a popular restaurant owner is following in his father's footsteps and opening his own eatery. Cord Cooper is hoping to open his new bar and grill - Coop's on 143 - by the end of the month. His father, Dennis Cooper, owns Geno's 140 Club in Bethalto.
Tollway oases up for bid again Saturday, July 31, 2010 @ 4:02AMA contract to lease seven Illinois Tollway oases will be put up for public auction late next month after the operator of the previous lease was foreclosed upon. A judgment of foreclosure and sale was entered in Cook County Circuit Court against Wilton Partners on July 9. In 2002, the company -- which went on to become a big donor to then-Gov. Rod Blagojevich -- received a 25-year lease to ...
Compliance with CO monitor law spotty, officials say Friday, July 30, 2010 @ 11:56PMCompliance with a 2007 state law requiring most residences to have carbon monoxide detector alarms within 15 feet of every bedroom is hit and miss, although public safety officials wish it were better.
Homestyle Inn guests told to leave after standoff Friday, July 30, 2010 @ 8:47PMA 23-hour standoff with police left a Chesapeake man dead and sent the rest of the hotel occupants—many of whom had paid for a week—in a holding pattern at an area hotel.
Voters may be asked to OK tax on banks Wednesday, July 28, 2010 @ 8:43PMAldermen seek transfer fees from financial institutions that take a home through foreclosure Chicago voters would be asked to decide whether the city should make banks pay transfer taxes when they take a home through foreclosure under a proposal approved Wednesday by a key City Council committee.
Potential U.S. law might decrease textbook prices Wednesday, July 28, 2010 @ 8:30PMTextbooks might become a lot cheaper for students at MSU and across the nation if a bill in the U.S. Senate becomes law. The Open College Textbook Act, introduced in Sept. 2009, would provide one-year grants to universities and professors to produce quality textbooks that would be available for free online.
Chicago voters could be asked to tax banks in foreclosures Wednesday, July 28, 2010 @ 11:19AMPosted by Hal Dardick at 11:10 a.m.; updated at 2:37 p.m. Chicago voters would be asked to decide if the city should make banks pay transfer taxes when they take a home through foreclosure under a proposal a key City...
Aldermen press to strip banks, mortgage companies of tax exemption Wednesday, July 28, 2010 @ 11:00AMChicago voters could soon get to decide whether to strip banks and mortgage companies — key players in the foreclosure epidemic — of their long-standing exemption from the city's real-estate transfer tax.By a vote of 8-to-2, the City Council's Finance Committee agreed today to put that resolution on the ballot, either on Nov. 2 or Feb. 22. Only after voters approve a referendum could the City ...
Illinois lawmakers have 2nd thought about foreclosure bill Monday, July 26, 2010 @ 9:30PMQuinn urged to veto measure that could have counties losing millions of dollars in fees Chicago's collar counties are bracing for millions of dollars in lost revenue if Gov. Pat Quinn signs a bill that would give banks the choice to hire private companies to handle the growing number of home foreclosures across northern Illinois.
Illinois pols have 2nd thought about foreclosure bill Monday, July 26, 2010 @ 9:07PMChicago 's collar counties are bracing for millions of dollars in lost revenue if Gov. Pat Quinn signs a bill that would give banks the choice to hire private companies to handle the growing number of home foreclosures across northern Illinois. The measure garnered near unanimous support in the General Assembly, but now some of the lawmakers who once championed it are urging Quinn to veto the ...
Bankruptcy filings continue to rise Thursday, July 22, 2010 @ 11:33PMWOODSTOCK – Some lost jobs. Some lost homes. Some racked up medical bills. Some used to be millionaires.
Man accused in $35 million mortgage fraud scheme Thursday, July 22, 2010 @ 1:46PMAuthorities say a South Holland man was arrested on federal charges alleging that he and six co-defendants participated in a $35 million mortgage fraud scheme.
Peter Dreier: Screwing the Jobless: Are Republicans Heartless or Just Playing Hardball Politics? Tuesday, July 20, 2010 @ 12:32PMIt is unlikely that many independent voters will support Republicans in the fall after their opposition to a lifeline for America's jobless. Most Americans have more compassion, and more common sense, than the Senate Republicans.
Development carries on despite recession Thursday, July 15, 2010 @ 2:09AMIn Collinsville, a new Kohl's store is under construction on Belt Line Road, where a Walmart had been until a new Walmart Supercenter was built and opened in the Collinsville Crossing Shopping Center.
Economic Outlook, After the Break Tuesday, July 6, 2010 @ 9:14AMU.S. investors will start the post-holiday week looking at the Institute of Supply Management's non-manufacturing business survey, expecting positive numbers to show continued slow growth in the sector.
Economic Outlook: After the break Tuesday, July 6, 2010 @ 7:06AMBy ANTHONY HALL United Press International Stock markets in Asia and Europe turned higher Tuesday, perhaps proving some breathing room for U.S. stocks as the year's second half gets underway. Asia - United States - Investing - Business - Stocks and Bonds
River Forest resident named president of judges association Thursday, July 1, 2010 @ 4:08AMThe Hon. Lewis M. Nixon, of River Forest, a judge in the Circuit Court of Cook County, was installed as the 39th president of the Illinois Judges Association at the organization's annual meeting held here on May 21. Retired Illinois Supreme Court Chief Justice Mary Ann G. McMorrow, who officiated at Judge Nixon's swearing-in ceremony when he was first appointed to the bench on Nov. 30, 2001 ...
Kotowski's bill for military becomes law Thursday, July 1, 2010 @ 4:03AMA day after Illinoisans completed ceremonies honoring veterans on Memorial Day, Gov. Pat Quinn signed a measure into law on June 1 to protect active duty officers from falling victim to foreclosure. State Sen. Dan Kotowski (D-33rd) sponsored this legislation to better serve the men and women in uniform.
Could the Right to Rent Stop the Foreclosure Hurricane? Thursday, June 24, 2010 @ 8:09AMby Greg Kaufmann When the foreclosure hurricane first hit, subprime borrowers absorbed the brunt of it. Homeowners who had been fooled with teaser rates suddenly faced balloon payments they couldn't afford. Others couldn't refinance because of prepayment penalties they hadn't been aware of. And some people had made bad decisions and were now paying for it with their homes. read more
Maywood man one of 17 charged in mortgage fraud Thursday, June 24, 2010 @ 5:55AMA Maywood man was one of almost 1,200 mortgage brokers accused of bilking homeowners and banks out of $2.3 billion in one of the largest mortgage fraud sweeps in national law enforcement history.
Madigan teams with feds on mortgage fraud Friday, June 18, 2010 @ 12:11PMWASHINGTON, D.C. | Illinois Attorney General Lisa Madigan onThursday joined the nation’s top law enforcement officials inannouncing that nearly 500 arrests have been made in a nationalcampaign against mortgage fraud.
Remarks as Prepared for Delivery by Attorney General Eric Holder at the Operation Stolen Dreams Press Conference Thursday, June 17, 2010 @ 11:38AMWASHINGTON, June 17 /PRNewswire-USNewswire/ -- The following was released today by the U.S. Department of Justice:
Biz Buzz: GE Capital wins suit against Serenoa Sunday, June 13, 2010 @ 11:00PMGENERAL ELECTRIC Capital Corp. has won a $4.3 million foreclosure judgment against Serenoa Golf
Belleville VFW loses more than $75,000 in property deal Friday, June 4, 2010 @ 2:06AMWhen the owners of Lil' Munchkins 24 Hour Childcare filed for bankruptcy protection and closed shop last fall, they still owed the Belleville Veterans of Foreign Wars more than $75,000 for the property.
Belleville VFW loses more than $75,000 in property deal Thursday, June 3, 2010 @ 10:26PMWhen the owners of Lil' Munchkins 24 Hour Childcare filed for bankruptcy protection and closed shop last fall, they still owed the Belleville VFW more than $75,000 for the property.
Healthbeat: Motorcycle riders must take extra precautions Thursday, June 3, 2010 @ 4:16AMAuto manufacturing laws mandate that new cars have air bags and all passengers in cars must wear a seatbelt. Extensive crash testing is done to ensure those cars can withstand moderate impact and allow the occupants to survive. But this is not the case with motorcycles.
New Berlin, Mechanicsburg strive to honor veterans Saturday, May 29, 2010 @ 11:35PMVolunteers in New Berlin are planning a memorial that will honor all veterans, regardless of whether they served in peacetime or wartime. The village is one of many in the Springfield area that remembers its residents who served their country.
New laws help Ill. service members Saturday, May 29, 2010 @ 5:34PMTwo new laws signed by Gov. Pat Quinn Saturday will benefit Illinois service members and veterans.
Getting a real killer of a deal Thursday, May 27, 2010 @ 11:06PMThe three-bedroom lakeside house that sold through a foreclosure auction this week in Waterloo, Ill., might have...
Fitch Upgrades Hawthorn Woods Special Service Area #1 (IL) Bonds to 'AA'; Outlook to Stable Thursday, May 27, 2010 @ 12:22PMNEW YORK----Fitch Ratings takes the following rating action on Hawthorn Woods Special Service Area #1 as part of its continuous surveillance effort:
Fitch Upgrades Hawthorn Woods Special Service Area #3 (IL) Bonds to 'AA'; Outlook to Stable Thursday, May 27, 2010 @ 12:15PMNEW YORK----Fitch Ratings takes the following rating action on Hawthorn Woods Special Service Area #3 as part of its continuous surveillance effort:
Newark Mayor Cory Booker Is Model for Obama Wednesday, May 26, 2010 @ 10:33PMNewark Mayor Cory Booker is converting campaign inspiration into capable governance.
Des Plaines man charged with mortgage fraud Wednesday, May 26, 2010 @ 4:32PMA Des Plaines man was charged Wednesday with being the ringleader of what Cook County State's Attorney Anita Alvarez called "a very complicated and sophisticated scheme" to commit mortgage fraud.
Bank is only taker in auction of Coleman home Wednesday, May 26, 2010 @ 3:17AMMay 25, 2010 - Jackie Ortiz, from Judicial Sales Corporation, right, conducts a public auction of the Coleman family house in front of the Monroe County Courthouse in Waterloo. No one placed a bid on the Columbia, Ill. house during the auction and the house went to Wells Fargo Bank for $256,419.00.