News

NPR reports on the largely unused Hope for Homeowners program, part of last summer’s housing bill that was meant to address the crisis in mortgage foreclosures.

High loan and interest fees, tough restrictions for consumers and costs to lenders are some of the reasons why the program has not caught on.

With all of the recent talk about recessions, government bail outs, and layoffs, it’s nice to hear a little good news once in awhile. On SaturdayDecember 13, six families moved into their brand new townhomes, built by Habitat for Humanity.

Since 1976, Habitat for Humanity has been building homes for low income families who could otherwise not realize the dream of home ownership.

IFF, a Chicago-based nonprofit real estate lender and consulting group, has received the Wachovia Next Award for Opportunity Finance, one of the nation’s largest and most prestigious awards in the financial services industry.

IFF is the Midwest’s leading nonprofit Community Development Financial Institution. Listingbook will launch in the Chicago market in January.