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Like the name suggests, zombie properties are often abandoned homes with no one living in them. Banks have foreclosed on them, but didn’t follow through with completion. Brandis Friedman takes a look at why that happens, the impact on the community, and what can be done. Read an article, watch a web extra video, and view a map of zombie properties in Chicago.

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Cook County is forcing banks to keep up vacant properties undergoing foreclosure. But the city is being sued over a similar law. We look at the future of the County ordinance.

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Terry Savage

Are senior citizens bailing out banks by accepting low deposit interest rates? Author and Chicago Sun-Times Financial Columnist Terry Savage joins us to talk about what she calls the "generation wars."

Program Launched to Combat Foreclosure Crisis

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Mayor Rahm Emanuel announced an innovative new program for Chicago that will address foreclosures and stabilize property values in key neighborhoods throughout the city.  Elizabeth Brackett has the story.