Morning Minute: Chicago sees a drop in apartment foreclosures

Fewer Chicago apartment buildings are falling into foreclosure, the Chicago Tribune reports today. Last year, there were 2,800 foreclosure cases filed against city apartment buildings, a 30 percent drop compared to the year before. But affordable housing advocates told the newspaper that more needs to be done to enforce ordinances protecting renters when foreclosures do occur. Read more in today’s Chicago Tribune.

In other headlines:

Mortgage rates rise on strong jobs report – Chicago Tribune

Deer breaks into Roscoe real estate office – Rockford Register Star

Where are Baby Boomers moving? Absolutely nowhere – HousingWire

Attention on student loans yields efforts for reform – Chicago Tribune

Amazon and Google as Mortgage Brokers? – NAR Daily Real Estate News

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