Tag: foreclosure fraud

Robo-signing settlement brings $650,000 in legal help for Illinois homeowners facing foreclosure

Robo-signing settlement brings $650,000 in legal help for Illinois homeowners facing foreclosure
Over half of Illinois homeowners facing foreclosure don’t have a lawyer, according to Attorney General Lisa Madigan. But Madigan announced new help for those homeowners Thursday – a $650,000 grant to Chicago’s Legal Aid Society that provide legal help for people who’s homes are in foreclosure. “Through this grant, many more Chicago area homeowners will... Read more »

New Illinois law to make foreclosure fraud a felony stalls with no Republican support

New Illinois law to make foreclosure fraud a felony stalls with no Republican support
David Lowery, president of the Chicago Far South Suburban NAACP, kept seeing the same problem over and over again. “Our members were coming to us. They were complaining that they hadn’t even missed payments and were being foreclosed on,” said Lowery.  “Some of the people that were being foreclosed on, they didn’t even know the... Read more »

Chicago family refuses to leave home after foreclosure fraud

Silva Tellez remembers holding the phone in her hand and dialing the number that came on the letter about her mortgage. It rang and rang, she says, but finally a machine picked up. “It said, ‘Your loan modification is denied,'” she says. “That was it.” Tellez was shocked. She and her husband, Alvaro, hadn’t missed... Read more »
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