patching...
Update: Libertyville Patch is on Facebook! Be sure to "like us" at: http://www.facebook.com/LibertyvillePatch
Welcome back, Patch Blogger!

Property

Thursday, January 19, 2012

Dold Challengers Offer Ideas on Mortgage Crisis

Some Democrats would require mandatory mediation between lenders and borrowers on underwater loans.

After Rep. Robert Dold (R-Kenilworth) met with local real estate industry leaders Tuesday to discuss the nation’s housing and mortgage crisis, four of five Democrats hoping to challenge Dold had ideas of their own to share. Though Dold sees possible legislation as a solution to the difficulties being caused to people because home values are dipping below the mortgage balance on their property, he thinks relaxation of certain regulations now will give some quicker relief. Dold also recognizes the current reduction of real estate values is one of the major problems for the economy as a whole. “There is no question as we look at the economy and jobs, housing is a big, important aspect to our economy.” “We can do that but I’m not sure how …

Comment_arrow

Daniel Krudop

6:52 am on Sunday, January 29, 2012

"unemployment insurance (already paid for by business, not a hand out)" RB, I would invite to to visit the following link. Put in the taxes you pay and then drop down to "Job and Family Security" under that category you will find "Unemployment Insurance" where you will see how much you paid into the fund. There are valid reasons to not consider unemployment insurance a "hand out," but it is not …   more ›

Wednesday, January 18, 2012

Real Estate Leaders Give Dold Earful

Congressman holds a roundtable to gain local input on improving the housing climate.

Get a room full of real estate industry leaders and the person who called the meeting could get an earful on the current housing market. That is what happened to Rep. Robert Dold (R-Kenilworth) Tuesday morning in his Northbrook office when he invited 10 real estate professionals from different parts of the industry to his office for a roundtable discussion. “There was a high level of frustration in the room,” Dold said after the meeting. “This is a first step. There will be more meetings. This was a meeting to get an idea of what we in the role of government can do." Dold’s agenda included foreclosure, loan modification and refinancing, under water properties, real estate values, mortgages, stumbling blocks to doing business and other …

RB

6:28 pm on Monday, January 23, 2012

I'm to saying don't do Keystone. I'm saying that the President's decision to delayitis correct. The politicians make rash decisions sometimes and we end up regretting it. We've lost many of our rights after Mr. Bush lead Congress into many terrifying decisions that we now live with everyday. All rash decisions and some simply wrong. Job growth is no reason to risk destroying the environment with …   more ›

Got a Hot Tip?