Monthly Archives: July 2011

City of Chicago Acts on Vacant & Abandoned Property

Posted on July 29, 2011 by lcam

The City of Chicago has passed an ordinance that redefines the “owner” of vacant properties to include banks and other financial companies. Apparently the City of Chicago is placing Mortgage holder’s and servicers’ feet nearer the fire on maintaining and securing bank-owned properties. Continue reading →

Posted in Our Take | Comments Off