Recent News About Deutsche Bank
Nearly 20 fair housing activist organizations are suing Deutsche Bank, alleging it worked to suppress property values in minority neighborhoods across the country by allowing foreclosed homes to fall into disrepair, while maintaining its holdings much better in predominantely white neighborhoods.
Two Mississippi and Alabama hospitals and the county that includes the cities of Biloxi and Gulfport, Miss., have squared off in Chicago federal court with many of the country’s biggest financial institutions over so-called interest rate swaps — an issue now impacting governments and other public bodies throughout the country, including Chicago’s public schools system.
The Illinois Supreme Court has ruled unpaid condominium association assessments are not erased through foreclosure, unless the new owner forks over their first post-purchase assessment payment on time, otherwise they have to pick up the tab. The high court’s decision was delivered Dec. 3 by Justice Thomas Kilbride, with the rest of the court concurring.