In Chicago, a reverse mortgage scammer left a lasting scar
Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.
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Justin Ishbia strikes deal to buy Chicago White Sox
Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday.
From tenant to trailblazer: Oralia Herrera takes helm at NAHREP
Oralia Herrera’s journey from an 8-year-old immigrant and tenant in a Chicago apartment to newly appointed president of the National Association of Hispanic Real Estate Professionals (NAHREP) is one she wouldn’t change a thing about. Sworn in on March 26 during NAHREP’s annual Homeownership and Housing Policy conference in Washington, D.C., Herrera now leads an […]
Advocus National Title starts virtual closing platform in Chicago
Advocus has launched a virtual closing system, initially available in Chicago, that is designed to streamline real estate transactions.
Homebuyers are adjusting to the new normal of 7% mortgage rates
As the 2025 spring homebuying season approaches — and the tone is set for what the rest of the year could look like — the long-term costs of a home loan are inching lower even as fears of inflation, unemployment and tariffs loom large.
Illinois Realtors’ leaders discuss market challenges and growth opportunities
Tracey Velt sits down with Illinois Realtors president Tommy Choi and CEO Jeff Baker to discuss challenges, opportunities and education.
After sentencing of reverse mortgage scammer, Illinois activists seek home preservation program
Following the sentencing of scammer Mark Diamond, Illinois is considering a home renovation program for older residents under state law.
Chicago-area contractor sentenced to 17 years in prison over reverse mortgage scam
The U.S. Department of Justice (DOJ) announced this week that Mark Steven Diamond, who was accused of “bilking elderly homeowners in a reverse mortgage and home repair scheme,” was sentenced to 17 years in federal prison by the U.S. District Court for the Northern District of Illinois.
ERA-backed Results Realty expands in Chicago with Mark Allen acquisition
Results Realty ERA Powered, located in St. Charles, Illinois, has acquired Chicago’s Mark Allen Realty, giving the combined firm three offices and 80 agents. Mark Allen, led by broker Matt Liss, will now operate as Mark Allen Realty ERA Powered.