Tag Archives: Chicago Foreclosure Lawyers
Sun Setting On HAMP
The end of 2016 also means the end of the government’s Home Affordable Modification Program, an initiative that has helped many distressed homeowners, and in other situations, made already-stressful situations nearly unbearable. HAMP appeared in 2009, just as the foreclosure crisis reached a crescendo. At the crisis’ height, one in every 300 households received… Read More »
Zombie Foreclosures In Illinois
According to the Scotsman Guide, Illinois state had the fifth highest zombie foreclosure rate in the nation in 2015. Our state had 1,174 “zombie foreclosures”, which means that over a thousand people in Illinois last year thought that they had lost their property to foreclosure when in reality they actually retained title to the… Read More »