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Tag Archive | "foreclosure"

Elite Defeat: Attack Athletics Owner Tim Grover Owes Over $12.2 Million to Creditors

Attack Athletics, an elite West Side athletic/basketball training facility built by Michael Jordan’s trainer, Tim Grover, might fail to get lead creditor Michael Jordan his $1.5 million. Attack Athletics opened in 2007 at 2641 W. Harrison St. with a 65,000 square foot facility, including four full-sized basketball courts, a 10,000-square-foot weight room, four NBA-sized basketball […]

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Chicago in Top 5 Foreclosure Cities; Illinois Foreclosure Activity Up 29 Percent from April to May

Chicago, Illinois along with Miami, Florida; Las Vegas, Nevada; Los Angeles, California; and Phoenix, Arizona have the status of the cities with the top foreclosure activity in the United States. Foreclosure rates in Chicago amount to about one in every 252 housing units — the fourth-highest among the nation’s 20 largest metro areas. Illinois is […]

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Obama: Mortgage Deal Turns Page on Reckless Era of Mortgage Foreclosures

President Barack Obama says a $25 billion settlement between mortgage lenders and states over foreclosure abuses “will begin to turn the page on an era of recklessness that has left so much damage in its wake.” Obama on companies that managed foreclosures … ” … didn’t give people a fighting chance to hold on to […]

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Terry Hoskins Bulldozes His House in Moscow, Ohio One Week Prior to Foreclosure

A man who owed $160,000 on a $350,000 house, destroyed his house one week before it went into foreclosure. Terry Hoskins had been in a struggle concerning his home with RiverHills Bank for nearly a decade. Hoskins said he tore down the house so that the bank couldn’t sell it for more than what it […]

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