Debt Settlement and Mortgage Modification Scams on the Rise, Warns Chicago Bankruptcy Lawyer Richard Fonfrias
Experienced Chicago bankruptcy lawyer Richard Fontrias of the Fonfrias Law Group, LLC, warns that the number of debt settlement scams and mortgage modifications scams reported in the state of Illinois is on the increase and that consumers need to better understand their rights under the law in order to take control of their financial future.
Read more News Source - PRWeb via Yahoo! News
Publish date - 09:23:54 03/08/10

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Mortgage fraud: Bronzeville building scrutinized
By Mary Ellen Podmolik | A title company, seven mortgage companies, six loan originators and two appraisers were cited by the state Monday for allegedly defrauding lenders of $7.7 million on a 27-unit condo building, all the units of which are in foreclosure.
Read more News Source - WGN Radio Chicago
Publish date - 21:34:43 03/08/10

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Appraisers: Broker price opinions in short sales could increase mortgage fraud
New rules governing short sales are set to take effect April 5. But four groups representing more than 35,000 real estate appraisers already have taken a stand against the guidelines.
Read more News Source - Sun-Sentinel
Publish date - 17:53:00 03/09/10

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Appraisal Institute Opposes Obama Administration's Plan for Homeowner 'Short Sales'
CHICAGO, March 9 /PRNewswire-USNewswire/ -- Citing concerns about increased mortgage fraud, four organizations representing more than 35,000 real estate appraisers today voiced their opposition to changes to an Obama administration program that will encourage "short sales" of homes. The coalition was led by the Appraisal Institute, the nation's largest organization of real estate appraisers.
Read more News Source - PR Newswire via Yahoo! News
Publish date - 11:03:54 03/09/10

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Associated Bank apologizes to customers
By Becky Yerak | The new chief executive of Associated Banc-Corp apologized last week to almost 300 Chicago-area customers, prospects and employees at a private breakfast, saying that the Green Bay-based lender has been too "inwardly focused" and vowing to be more aggressive in the market.
Read more News Source - Chicago Tribune
Publish date - 17:27:33 03/09/10

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Fed’s Evans Says Low Rates Needed for ‘Some Time’ (Update2)
March 9 (Bloomberg) -- Federal Reserve Bank of Chicago President Charles Evans said low interest rates are likely to be needed “for some time” as high unemployment lingers and inflation stays below his goal.
Read more News Source - Bloomberg
Publish date - 17:37:38 03/09/10

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Some Paying Cards, Not Home Loans
By JENNIFER WATERS MCT CHICAGO | U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit-card bills.
Read more News Source - The Lakeland Ledger
Publish date - 23:40:33 03/08/10

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Fed’s Evans Says Low Rates Needed for ‘Some Time’
March 9 (Bloomberg) -- Federal Reserve Bank of Chicago President Charles Evans said low interest rates are likely to be needed “for some time” as high unemployment lingers and inflation st...
Read more News Source - MalaysiaNews.net
Publish date - 17:25:33 03/09/10

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PFGBEST Currency Comment
CHICAGO - Mar 9/10 - SNS -- Following is the currency futures comment from PFGBEST Research.
Read more News Source - Ag Report
Publish date - 19:14:04 03/09/10

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Atty. Gen. has tips on protecting seniors
CHICAGO (AP) -- There are resources available to help Illinois senior citizens avoid getting ripped off during these tough economic times. They can get help from the Illinois attorney general's office.
Read more News Source - WBBM Newsradio 780 Chicago
Publish date - 13:56:51 03/09/10

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