The $25 billion mortgage settlement with big banks means about 1$ billion in relief to Illinois homeowners.People who owe more than their homes are worth and have fallen behind on payments may qualify for loan reductions, while other people who are underwater but current on their loans may be able t
Illinois Attorney General Lisa Madigan is welcoming a $335 million settlement with Bank of America to resolve allegations of discriminatory loans.Madigan's office filed suit against Bank of America subsidiary Countrywide Financial Corp. in 2010. The settlement, announced Wednesday by the U.S.
Illinois politicians rushed to release prepared statements following former Governor Rod Blagojevich's sentencing to 14 years in prison on corruption charges.Lieutenant Governor Shelia Simon:"We cannot rely on a prison sentence to deter corruptio
I'm going to start a new segment today called "Occupy-related media found on Facebook." There's really no way to tell if this stuff is real or taken out of context, so I preface my new segment with a disclaimer: This was found on Facebook.
Attorney General Lisa Madigan is in the news today for the reason she's always in the news: suing somebody.Her office is suing four local companies for, according to the Sun-Times, allegedly conducting "fraudulent mortgage rescue or loan modification schemes that illegally charged consumers for litt
Illinois Attorney General Lisa Madigan is calling on the Consumer Product Safety Commission to issue a national recall of all fuel gel products.Calling the gels "napalm-like", Madigan says the products are too dangerous for consumers and should be taken off the market completely.Fuel gel is a pourab