Progress Illinois

Earlier this month, we cheered the passage
of a few bills in Springfield dealing with the urgent -- and largely
overlooked -- issue of foreclosures.  As notices continued to spread throughout the region and cause vacancies to rise statewide,
it appeared that housing was ...

Back in May, an Associated Press analysis
found housing vacancy rates of 20 percent or more in nearly 40 Illinois
census tracts, ranging from Chicago to Rockford to Danville to East St.
Louis. New data from the U.S. Census Bureau, as reported by Crain's, backs up their work...

Considerable ink has already been spilled over Senate Democrats' failed attempt to stem the foreclosure crisis: from Sen. Dick Durbin's frustrating negotiations with the trade groups over his mortgage modification bill, to the Obama administration's seeming ...

In many of the urban neighborhoods hit earliest by subprime mortgage defaults, foreclosure filings are now levelling off.
While this is an encouraging sign, it doesn't mean the
problems created by the housing bust are receding. In
many cases, they are just beginning...