Inside these posts: Campbell/Inside Mortgage Finance

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Foreclosures weigh on Chicago housing market

Three reports issued Monday paint a grim picture of the foreclosure crisis in the Chicago area, particularly compared to the nation as a whole.

TransUnion reported that mortgage loan delinquencies in the Chicago area fell only slightly in the third quarter, to  7.79 percent of  mortgage loans that are at least 60 days delinquent. That compared with 7.98 percent in second quarter, and 6.95 percent in 2010’s third quarter. Get the full story »