Durbin: New Report Shows Foreclosure Crisis Has Rising Impact on Middle Class

Foreclosures not limited to predatory lending as more homeowners are “underwater”. CHICAGO, IL – March 15, 2010 – (RealEstateRama) — More homeowners across Chicago find themselves at risk of foreclosure as property values drop and families struggle with unemployment, U.S. Senator Dick Durbin (D-IL) said today at a news conference to release National People’s Action’s 2009 Chicago Foreclosure Report.


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