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While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.
June 14 -
LendingTree has added property valuation data to its My LendingTree site, showing consumers how much equity in their home they can tap.
June 14 -
Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.
June 14 -
Wintrust Mortgage has committed to funding $40 million in below-market fixed interest-rate loans in the Chicago area through a partnership with Habitat for Humanity.
June 14 -
Mortgage applications increased 2.8% from one week earlier as refinancings hit their highest level since November, according to the Mortgage Bankers Association.
June 14 -
The average Chicago property tax bill is going up about 10% this year following City Hall and Chicago Public Schools tax hikes to pay for police, fire and teacher pensions.
June 14 -
Houston-area homebuyers snapped up a record number of houses in May and drove the region's median sales price to unprecedented levels.
June 14 -
The gap between what homeowners believe their home is worth and what the actual value widened for the sixth consecutive month in May, according to Quicken Loans.
June 14 -
The House Financial Services Committee is slated to vote on several bills Wednesday that are designed to make private flood insurance a viable alternative to the National Flood Insurance Program.
June 13 -
The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.
June 13












