Wednesday, November 04, 2009

Daily Herald | Communities try to help as suburban foreclosure crisis grows

Daily Herald | Communities try to help as suburban foreclosure crisis grows: "Elgin is using federal money to help rehab foreclosed homes. Lake County intends to use stimulus funds to acquire, fix up and resell abandoned or foreclosed properties. Prosperous towns like Geneva, Schaumburg, Wheaton and Naperville are looking for ways to direct desperate homeowners to community resources."
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Foreclosures are up 18% in the third quarter. Of 2009. Tell me more about this so-called "recovery" we are enjoying?

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