Silver Tower, a 38-story River North condominium project, has been saved from foreclosure due to an investment firm picking up the outstanding $30 million tab for the development’s overdue construction loan, according to

The Emergency Homeowners’ Loan Program (EHLP) is a new $1 billion Obama administration program which is estimated to assist 30,000 unemployed borrowers, who are otherwise straining to avoid foreclosure, reports the Wall Street

Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo, which combined hold 70 percent of the private mortgage origination market, may soon fill the void Fannie Mae and Freddie Mac leave behind, said Housing

Last week, MLS listings of condos and homes available for rent dropped to 739-a decrease of 61 percent since Yo Chicago started tracking 14 downtown zip

Two DuPage women are sentenced to 10 years in prison after pleading guilty to 10 counts of theft in a home mortgage scheme and ordered to jointly pay $1.8 million in

Prudential Rubloff has just announced their merger with GPS Realty, Inc. of Union Pier,

Illinois homes sales were on the rise last month for the fourth consecutive

Midwest Real Estate Data (MRED) and 10K Research and Marketing (10K) have entered into a licensing agreement that will provide MRED’s brokers, agents and appraisers with access to an interactive market analytics tool known as “The Thing,” according to

A force of approximately 240 lawmakers have now joined the argument against the qualified residential mortgage (QRM) down payment, hoping to reduce the currently proposed rate of 20 percent, said Housing

The RE/MAX Northern Illinois real estate network recently honored its associates whose 2010 residential sales achievements earned them spots in its year-end Residential Top 20 award

LeapRE ranked the top 100 brokerages in their ability to break the trend – these are the top brokerages who, on average, sold homes for a price closest to the list price, despite having been on the market for

Web-savvy consumers may not typically desire commercial videos for brands, products, etc. while browsing the web, but data from comScore demonstrates that 83 percent of all Americans watched an online video in May, racking up over 5.6 billion viewing

Wells Fargo & Co. has confirmed that it is leaving the reverse mortgages sector, but it will continue to act as a servicer up until the departure date of June 30, according to National Mortgage

RE/MAX Signature of Chicago becomes Chicago’s Number one RE/MAX office in transaction volume after their record breaking

The spring edition of the U.S. Department of Housing and Urban Development’s (HUD) quarterly publication, Evidence Matters, is available now available. The issue actively focuses on affordable rental housing policy and the role it will play as Americans debate

How can you make sure you’re hiring the cream of the crop? How can you assemble a team of top producers to put your brokerage at the top of its game? Look for agents with these 10 qualities: