Home Loans Chicago

Insider among many who experts say played roles in housing crisis

Tino Martinez admits he helped approve billions of dollars in questionable home loans even when he thought they "would result in default and foreclosure." Martinez filed a whistleblower lawsuit to get money for Chicago and Illinois taxpayers -- and stands to keep 15 percent to 30 percent of any settlement or verdict for himself.

S. Korea's ancient 'farmer drink' to hit US

A centuries-old Korean rice wine is enjoying a renaissance at home and in Japan, and is set to make inroads into a major new market as it gains ground on better known beverages such as soju.

Home Prices

Feb. 28

Redwood Said to Plan Fourth MBS Sale Since Market Seizure

Redwood Trust Inc. plans to sell securities backed by about $400 million of new U.S. home loans, only the fourth sale of such debt since credit markets seized in 2008, according to two people with knowledge of the transaction.

Antawn Jamison believes Cavs will get back on track

INDEPENDENCE — When the Cavaliers faced LeBron James and the Miami Heat for the first time last season, Cleveland suffered an embarrassing 118-90 loss at Quicken Loans Arena that deflated everyone, home team included. It was the second game of what turned into a 10-game losing streak and, eventually, a stretch where Cleveland lost 36 out ... Read More

Home prices post steep decline

Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest S&P/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers.

Redwood Trust Said to Plan Fourth MBS Sale Since Market Seized Up in 2008

Redwood Trust Inc. (RWT) plans to sell securities backed by about $400 million of new U.S. home loans, only the fourth sale of such debt since credit markets seized in 2008, according to two people with knowledge of the transaction.