Summary
Cook County is on pace this year to surpass last year's record number of foreclosure cases filed, according to statistics from the Cook County Circuit Court clerk's office.
[Lisa Madigan]'s office has aggressively tackling sub prime lenders and announced in June the conclusion of a nine-month investigation that led to the state filing suit against Countrywide Financial, the country's largest mortgage financier, for unscrupulous lending practices."This is not the first time we've been the ward with the highest foreclosures," said Aid. Carrie Austin (34th), adding that last year was the third time in the last 10 years her ward's numbers were high.The 34th Ward, which includes the Pullman, West Pullman, Roseland, Washington Heights, Victory Heights and Fernwood/Bellvue communities on the South Side, had the highest number of foreclosed homes in the city for the first six months of 2007.See the full content of this document
Extract
Foreclosures Still On the Rise
Cook County is on pace this year to surpass last year's record number of foreclosure cases filed, according to statisti...
See the full content of this document
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