House aims to rewrite consumer safeguards

House aims to rewrite consumer safeguards A new plan could dramatically alter consumer protections enacted after the financial crisis. Check out this story on USATODAY.com: http://usat.ly/2q7orOg President Donald Trump will sign an executive order that will rollback some of the financial sector regulations put in place following the global crisis in 2008. Foreclosure News

City Aims to Tweak How it Collects Debts from Homeowners; Some Want Deeper Reforms

Public Advocate James says liens should be transferred to a preservation trust aimed at protecting neighborhoods, not extracting fees. The city's program for collecting overdue property taxes and water bills through the sale of liens would change under a draft Council bill introduced this week-and could be see additional reform if advocates get their way. […]

Group aims to preserve affordable housing on gentrifying Northwest Side

This building in Chicago's Albany Park neighborhood, photographed Nov. 9, 2016, was purchased out of foreclosure and later bought by a developer dedicated to preserving affordable housing. This building in Chicago's Albany Park neighborhood, photographed Nov. 9, 2016, was purchased out of foreclosure and later bought by a developer dedicated to preserving affordable housing. Foreclosure […]