Foreclosure process could see boost
Updated: December 9, 2012
SPRINGFIELD -- Lawmakers are hoping to make the foreclosure process a little faster for homeowners here in Illinois.
Sometimes it can take up to two years for a home to be foreclosed, but a proposed bill wants to cut that down to 100 days or less. It would also help fund foreclosure prevention programs. Money for that would come from filing fees for lenders.
Supporters say it's a great way to keep neighborhood values up. The bill passed both chambers and now heads to the Governor's desk.
Comments
are you kidding lets just shove people out in the street and let these banks get away with stealing
Roxanna W.
December 10, 2012 at 4:39 pm
