Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
W S
Servicing / The Ticker

Chicago foreclosure ordinance blocks lenders

foreclosure sign
/ Print / Reprints /
| Share More
/ Text Size+

According to Law360, a new Chicago law that prevents foreclosing entities from evicting tenants could be bad news for the city's loan-to-own business. It also has the potential to spawn litigation. Law360 has more:

The Keep Chicago Renting ordinance, passed in June and set to be implemented this month, puts new regulations on parties that obtain title to rental properties through foreclosure, requiring them either to provide tenants funds for relocation or to offer to renew or extend leases with caps on rent increases.

Source: Law360
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus