Community groups and housing advocates on Chicago’s northwest side are opening the Northwest Side Housing Center to provide homeowners with a variety of services, according to Neighborhood Housing Services, one of the center’s founders.The center will offer pre-purchase counseling, homebuyer education classes to help people avoid predatory loans, and default and foreclosure counseling. NHS will also offer several loan products through the center. The center was established by a partnership of three community groups -- NHS, Northwest Neighborhood Federation, and Rogers Park Community Development Corp. Funding is to be provided by several banks and financial institutions, as well as the Chicago Department of Housing.
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OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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