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foreclosures
Quick Hit
by Ashlee Rezin
4:46pm
Fri May 4, 2012

Foreclosures In Chicago Among Nation's Highest As Vacant Properties Plague Neighborhoods

Rockford and the Chicago area are experiencing some of the highest foreclosure rates in the nation, with Chicago's figure being more twice that of the national average at one in 107 housing units, according to data released by Realty Trac last week. 

As foreclosures continue to plague the city and surrounding areas, the vacant properties left in their wake are wreaking havoc on the safety and security of their respective neighborhoods. In April, a dead body was found in a vacant house in Humboldt Park, leaving neighbors wondering why the property wasn’t maintained -- and prompting Action Now to hold a rally in front of the building.

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Quick Hit
by Steven Ross Johnson
12:42pm
Wed Apr 11, 2012

Harvey Residents, Advocates Take Vacant Property Debris To City Hall

Housing advocates took to the streets in the south suburban city of Harvey Monday afternoon to protest against what they claim have been the various problems that have developed as a result of the growing number of abandoned homes seen throughout their community over the past several years.

More than 20 demonstrators, which included residents and community activists led by the group Harvey Residents Organized for Change, gathered outside of the town's City Hall prior to the start of that night’s city council meeting to present Mayor Eric Kellogg and city council members with debris the group collected from three abandoned homes located on a block the group said had as many as 11 vacant houses.

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Quick Hit
by Progress Illinois
1:50pm
Tue Feb 28, 2012

Op-Ed: State House Bill Addresses Fraudulent Foreclosures

The following was written by Mike Reed of Sheridan, IL, courtesy of MoveOn.org.

State Representative Constance Howard (D-Chicago), working in conjunction with the NAACP’s Far South Suburban branch, introduced on February 15 a bill in the state legislature which would make fraudulent foreclosures in Illinois a crime, with the perpetrators facing both criminal and civil consequences.

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Quick Hit
by David Milton Brent
2:07pm
Fri Jan 20, 2012

Southside Organization Gives “Occupy” New Meaning

Liberate the Southside – an ad-hoc group of Chicago clergymen, community organizers, and local residents – do not believe the “Occupy” movement should be limited to geographic locations like streets and cities.

They are interested in a more literal form of occupation: placing homeless families in abandoned houses that have been foreclosed on by big banks.
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Quick Hit
by Aaron Krager
11:08am
Wed Dec 21, 2011

Chicagoans Push Back Against Housing Ordinance Lawsuit (VIDEO)

Action Now continued its aggressive pursuit for banks to maintain foreclosed properties Tuesday morning, when they protested outside Fannie Mae’s regional headquarters and demanded a meeting with Federal Housing Finance Agency (FHFA) Director Edward DeMarco.

Last week, FHFA filed a lawsuit to exempt Fannie Mae and Freddie Mac from Chicago’s Vacant Property Ordinance, which requires that banks clean up and secure the properties banks own due to foreclosure.

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PI Original
by Aaron Krager
12:51pm
Tue Oct 11, 2011

Thousands Rally To 'Take Back Chicago', Send Message To Big Banks (VIDEO)

In an effort to "Take Back Chicago", thousands of activists and protesters from five separate rallies converged at the Art Institute of Chicago yesterday evening to draw attention to the economic crisis affecting employment, housing, and school funding.