Banks, credit unions and mortgage companies will soon have to report to state regulators about how many loans they make in low-income, high-minority neighborhoods. That's the result of a state law passed in 2021 as part of the Legislative Black Caucus' social and economic reform agenda.
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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.
Chicago home prices fall for the seventh straight month. Elizabeth Brackett and her panel discuss what needs to happen for the market to stabilize.
