Results tagged “chicagoreporter”

We got an eyeful on Monday when we read the Chicago Reporter's study of high-cost loans and their impact on Chicagoans. The federal government has already announced a program to help middle-class families avoid foreclosure. Now the State of Illinois is stepping in to help renters as well. A new piece of legislation, sponsored by Sen. Maggie Crotty (D-Oak Forest) will give Illinois renters living in properties where the landlord is going into foreclosure 120...

In a report published Monday, the Chicago Reporter found that Chicago is the the nation's capital for "high-cost" home loans. The study, looking at three years' worth of federal home-loan data, showed that in 2006, "the Chicago-Naperville-Joliet metropolitan statistical area, which includes Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry and Will counties" led the nation, with 88,315 “high-cost” mortgages. "High-cost" mortgages are defined as first-lien home loans that are at least three percentage points above...

Here’s what you missed while you were sneezing and burning: Guest #18, your comments are hilarious, but how do you fare with a live audience? If you think you’ve got the chops, submit a 1-2 minute video to Time Out Chicago by September 20. Best entries will be screened online for their discerning website visitors. The top four will compete live for the chance to be crowned “Chicago’s Funniest Person.” (... at least according to...

While Chicagoist was vacationing out west this long holiday weekend, our thoughts turned back briefly to our favorite obsession, politics. When we were hanging out around one of our favorite coffee shops west of the Mississippi, we picked up a copy of the local rag, and read up on all the important news facing readers of that other -Ist. But one story caught our eye, one that has both local and national significance. The Los...

Not only has Journey’s Steve Perry been an inspiration to your World Champion White Sox, but now apparently Governor Blagojevich is taking a cue from the crooner’s sweet stylings. A federal investigation seeking to examine the hiring practices of Blago’s hiring practices is under way, and Blagojevich said yesterday that he welcomes the investigation because he has done nothing wrong, and wants to prove it to the good people of Illinois. In other words,...