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: Loan Modification & Home Loan News

Chicago Renters Getting Hit Hard By Foreclosures

By Moe Bedard

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More than 125 apartment buildings in Chicago on average went into foreclosure each week of 2009, affecting tenants living in almost 21,000 rental units, according to a new report. The study, by the nonprofit Lawyers’ Committee for Better Housing, found that lenders began foreclosure proceedings against owners of 6,560 multiunit rental buildings last year. The problems were [...]

Full post as published by Loan Modification & Home Loan News on May 06, 2010 (boomark / email).

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