Items Tagged with 'Chicago'


New American Funding expands footprint in Chicago

Grand opening scheduled for Thursday
New American Funding announced its expansion in the Chicago area with its latest branch opening. As the company prepares to open its new location, it also selected a branch manager. Here’s more about the grand opening, the branch and its new leader.
Read More

Historically mild winter leads to hot spring housing market in Chicago

Home sales jump nearly 15% in March
It was unusually warm in Chicago this winter. How warm? According to the National Weather Service, no snow fell in Chicago in January or February. That’s the first time that’s happened in 146 years. While this year’s winter may be a once-in-a-lifetime event for the Windy City, the mild meteorological start to the year is leading to a hot start for the area’s housing market.
Read More

Cook County judge indicted for role in mortgage fraud scheme

Jessica O’Brien accused of fraudulently obtaining $1.4 million in mortgage loans
A Cook County, Illinois, judge finds herself on the wrong end of criminal charges after federal authorities accused her of taking part in a $1.4 million mortgage fraud scheme. According to the U.S. Attorney’s Office, Jessica O’Brien caused lenders to issue and refinance approximately $1.4 million in mortgage and commercial loans by “making false representations and concealing material facts in documents submitted to the lenders.”
Read More

Chicago suspends business ties with Wells Fargo

Since 2005, WF earned $19.5M in fees from Chicago
The list of cities and states continues to rack up as the Chicago City Council announced a one-year suspension for Wells Fargo from city business. The city joins Illinois and California in finding alternative methods to punish the mega bank for its massive sales scandal.
Read More

Guaranteed Rate Field to become home of Chicago White Sox

Mortgage lender buys naming rights for stadium
For the last 13 years, the Chicago White Sox played their games at U.S. Cellular Field, but beginning next year and for the next 12 after that, the White Sox stadium will have a new name – Guaranteed Rate Field. The White Sox and Guaranteed Rate announced that the Chicago-based mortgage lender is buying the White Sox stadium's naming rights for at least the next 13 years.
Read More