4/1/12
In a surprise move, Fannie Mae and the Federal Housing Administration, the largest sources of mortgage liquidity in the US housing market, announced Friday...
3/1/12
Five years ago, when we first checked on sales at Bridgeport Condominiums, 3450 S Halsted St, we were informed that the project was “about...
1/5/11
Amid a torrent of negative stories on housing, it is worth pointing out that housing has a function other than as an investment: namely,...
11/30/10
Back in September, Fannie Mae responded to “Foreclosure-gate” by halting evictions and closings on all bank-owned properties whose loans were serviced by GMAC, Bank...
9/29/10
Steve Klein, an REO manager for Coldwell Banker Realtor and REO specialist Frank DeNovi, sat down with YoChicago’s Joe Zekas earlier this month to...
1/8/10
For much of 2009, Chicago Association of Realtors President David Hanna publicly criticized federal lending guidelines that hampered buyers’ efforts to purchase condominiums in...
12/1/09
Buyers who have been following Aqua’s Fannie Mae troubles will be interested to hear that Magellan Development has lined up two portfolio lenders: Harris...
11/20/09
It hasn’t put the brakes on closings, but it certainly changed from a green light to a yellow light. It’s not a red light,...
10/13/09
Optima‘s Old Orchard Woods development in Skokie is unusual among today’s condo projects in that it’s approved for VA, FHA, and Fannie Mae financing....