A new report shows the foreclosure crisis hit Chicago particularly hard this summer.The numbers from RealtyTrac show the summer in Chicago was not a pleasant one for many home owners. The city and its suburbs saw a 35 percent increase in foreclosures compared to a year ago.
Congressional Democrats have used the revelations that lenders cut corners on the foreclosure process to strike a pro-consumer pose right before the mid-term elections.How dare those bankers do this after all the bailouts we gave them?
The federal government provides official mortgage and foreclosure information in Spanish at its website www.GobiernoUSA.gov. The site includes a summary of the Making Home Affordable plan which includes information about refinance and loan modification options.
From Chicago's stimulus website:
The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development invite you to a Making Home Affordable Foreclosure Prevention Workshop
When: Friday, August 21
12:00 p.m. -- 8:00 p.m.