The role of fraud in the housing crisis is getting attention this week at a Chicago gathering of attorneys general from states across the country.Since last year, the AGs have been looking into procedures of the nation’s largest mortgage servicers, led by Bank of America, Wells Fargo and JPMorgan Ch
Home prices around the country have fallen into a double dip. After declining around 30 percent from their peak, they started to rise a bit last summer with the help of a federal tax credit.But with that stimulus gone, prices are now sliding again to new lows.
One of the nation’s largest banks Friday provided details about an agreement with some nonprofit groups in Chicago-area neighborhoods devastated by foreclosures. The deal, revealed Wednesday by WBEZ, stems from the collapse of Oak Park-based banking chain FBOP Corp.