Union ordered to pay builder $2.35M A lawyer representing the Chicago Regional Council of Carpenters said Wednesday that the union will seek to overthrow a jury award totalling $2.35 million to builder John Maki Sr.Commentread more...
Rising U.S. rents suggest housing boom is cooling Rents are rising again across the United States, squeezing tenants who are already coping with high gas prices and bringing relief to landlords after a deep five-year slump.read more...
Homeowner takes contractor to court District Judge Sandra J. Zemgulis' courtroom on South Side Easton resembled "The People's Court" on Tuesday afternoon.Commentread more...
Creating perfect in-town pad When landscape architect Craig Bergmann decided to move into Streeterville from the suburbs, he chose a simple, 1,600-square-foot apartment ''with white walls and pale gray carpets throughout.'' For a man
Centerburg Couple Sentenced For Home Building Scam Eric Brown The Centerburg couple who ripped off people in a home building scam will see jail time.read more...
Sen. Clinton calls for subprime mortgage action (Washington Post) WASHINGTON (Reuters) - Presidential hopeful Hillary Clinton on Thursday called for incentives for U.S. lenders to identify troubled mortgages, offer "a foreclosure timeout" and possibly revise repayment terms amid the
Both buyers and sellers are being caught off guard by a rippling wave of mortgage changes. Lenders are responding to the crisis in their industry by suspending mortgage products, raising required down payments and imposing a premium on loans in regions they deem to be “declining” markets. Even when they announce the changes, the message sometimes doesn’t get to the mortgage broker until nearly …
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