Posts tagged "RealtyTrac"

Fast-track foreclosure bill for abandoned homes signed into law

Fast-track foreclosure bill for abandoned homes signed into law
This train is now running express. Under a bill signed into law this month by Gov. Pat Quinn, abandoned homes can be fast-tracked to foreclosure. That means their upkeep becomes the lenders’ responsibility before they fall apart and drag down a neighborhood’s economy and security. The bill will also force banks to pay a fee... Read more »

One-year moratorium on foreclosures called for in Cook County

With the number of foreclosure notices rising compared to last year, many community activists are asking Cook County elected officials for a solution–and fast. But will the proposed solution, a one-year moratorium on foreclosures and evictions, actually work? Community organizations such as the Chicago Anti-Eviction Campaign and Centro Autonomo of Albany Park last week demanded... Read more »