Chicago, Federal Housing Finance Agency end vacant-buildings dispute

Vacant homes backed by Fannie Mae and Freddie Mac will comply with Chicago’s vacant building ordinance but will not pay the registration fees required of everyone else.

An agreement reached last week and posted Monday revolves outstanding issues that had languished after the August decision by U.S. District Court Judge Thomas Durkin that properties with mortgages backed by Fannie Mae and Freddie Mac were exempt from the city’s law…Please click here to read Mary Ellen Podmolik’s story in the Tribune.