Latest News

Analysis: 16.1 percent of Illinois property owners are ‘equity rich’

In Illinois, owners of more than 393,000 properties with mortgages have at least 50 percent equity in their homes, according to an analysis by ATTOM Data Solutions looking at home equity at the end of the first quarter.

Analysis: 15.9 percent of Illinois property owners' mortgages are 'underwater'

In Illinois, owners of 387,854 properties with mortgages owe at least 25 percent more on their loans than their property is worth, according to an analysis by ATTOM Data Solutions looking at home equity at the end of the first quarter.

Analysis: Kendall County has the highest foreclosure rate for first quarter

One in 239 properties in Kendall County started the foreclosure process during the first quarter of the year -- the highest foreclosure rate in Illinois, according to an ATTOM Data Solutions analysis of property data.

Analysis: Illinois has the 4th highest foreclosure rate for first quarter

One in 425 properties in Illinois started the foreclosure process during the first quarter of the year, according to an ATTOM Data Solutions analysis of property data.

Analysis: Counties in Virginia, Texas and Missouri pay lowest property tax rate in U.S.

From TX Business Daily

With an effective property tax rate of 0.1 percent, Mecklenburg County in Virginia has the lowest tax rate among U.S. counties, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Analysis: Homeowners in Hawaii, Alabama, Colorado pay lowest property tax rate in U.S.

From Arizona Business Daily

With an effective property tax rate of about 0.33 percent, Honolulu has the lowest property tax rate among U.S. cities, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Analysis: Homeowners in Pennsylvania metro area pay highest property tax rate in U.S.

From Keystone Business News

With an effective property tax rate of about 3.9 percent, the Scranton-Wilkes-Barre-Hazleton metropolitan area in Pennsylvania has the No. 1 highest tax rate among U.S. cities, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

348,659 U.S. borrowers in default on student loans from 4-year schools

From Higher Education Tribune

University of Phoenix in Tempe, Everest University in Tampa and Ashford University in San Francisco reported the largest share of borrowers from four-year institutions who defaulted on school loans they started repaying in 2014, according to the latest disclosure from the U.S. Department of Education.

585,402 U.S. borrowers in default on student loans

From Higher Education Tribune

University of Phoenix, Everest University and Ivy Tech Community College of Indiana University had the most students who defaulted on school loans they started repaying in 2014, according to the latest disclosure from the U.S. Department of Education.

Stylish career turn lands beauty businessman's product on Amazon

Veteran hair stylist and product developer Nelson Ameer sealed the deal in just the last two weeks. His conditioner is now available on Amazon.

Northern Trust supports development of Akola tracking app

A unique app that allows users to track the impact of their purchase of from a nonprofit jewelry brand, along with in-store displays at Neiman Marcus stores, was recently funded by Chicago-based Northern Trust.

Redfin Mortgage expands operations to Illinois

Redfin Mortgage is offering loans to Illinois homebuyers and plans to extend into additional markets in 2018.

Michael T. Wolf rejoins Chicago firm Jenner & Block as partner

A former employee of Chicago-based Jenner & Block LLP will rejoin the international law firm as a partner.

Northern Trust announces changes in leadership

Northern Trust Corp. recently announced that Stephen Potter has been appointed vice chairman and Shundrawn Thomas will take over from Potter as the president of asset management.

Bridgeway launches website for Affirmative Business services

Nonprofit Bridgeway is launching a company website focused on its Affirmative Business services.

Nonprofit management conference hosted by North Park University

Axelson Center for Nonprofit Management, North Park University, played the role of host at the "Focus on the Important" conference, which welcomed almost 130 attendees.

Northern Trust launches FX Algo Suite for foreign exchange analysis

Northern Trust announced June 13 that it would be launching a suite of algorithms specifically for use in the area of foreign exchange client executions.

Thought-leadership content is powerful when properly executed, study says

Thought-leadership content has a big impact in driving business-to-business sales and creating brand preference with buyers, but executives and decision-makers report they often don't find useful insights in such content, a study has revealed.

Nicolas tapped to head Arup's Chicago office

Arup tapped Cierine Nicolas to head its Chicago office this week. Nicolas is a specialist in large high-rise and high-performance buildings and has experience in a variety of sectors, from mixed-use to government.

Illinois ranks fifth nationally in foreclosure rate, according to report

ATTOM Data Solutions released its April 2017 U.S. Foreclosure Market data last week, and though the report says foreclosure rates are down nationally, Illinois still had the fifth-highest in the country.

Metro Business Network