Mortgage Meltdown: 2008 Chicago-area Foreclosures Could Exceed 40,000+

The Chicago Tribune recently ran several stories related to the state of foreclosures in Cook County, Illinois and the increasingly large burden placed on the county in attempting to reconcile the situation brought on the sub-prime mortgage crisis.

 

For stories, see:

http://www.chicagotribune.com/news/local/chi-foreclosure-russelloct20,0,610972.story

 

 

http://www.chicagotribune.com/news/nationworld/chi-foreclosure-courtoct20,0,3770516.story

 

http://www.chicagotribune.com/news/local/chi-foreclosure-sampsonoct20,0,6780549.story

 

What’s more…they’ve gad to hire additional judges to deal with the foreclosure caseload.

For the story, see: 

http://www.wbez.org/Content.aspx?audioID=29625