Lawsuits may follow Better Housing Foundation bond debacle in Illinois – The Bond Buyer

April 27, 2021

Trustee UMB NA, which represents holders of the $170 million of debt issued for the Better Housing Foundation projects, reported that it is working to connect bondholders with a securities litigation firm this spring. Whether that leads to a lawsuit is yet to be decided.

Read the Article

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Wirepoints on Facebook

Follow @wirepoints

WIREPOINTS ORIGINAL STORIES

Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges

June 12, 2026 2 Comments

Audio and summary linked here.

Illinois Lawmakers Thumb Noses at Constitution to Impose New Taxes – Wirepoints

June 9, 2026 24 Comments

A mess of uncertainty and litigation is sure to follow.

Wirepoints’ Mark Glennon on AM560’s Morning Answer: Spencer Pratt in Los Angeles Mayoral Race Offers Chicago a Blueprint

June 4, 2026 4 Comments

Summary and audio linked here.

Wirepoints’ Mark Glennon on AM560’s Morning Answer: Pritzker Extracted $162 Billion in Additional Taxes From Illinois Residents While State Remains 50th in Bond Ratings, Fiscal Cliff Ahead

June 2, 2026 4 Comments

Audio and summary linked here.

Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints

May 26, 2026 29 Comments

Two people standing side by side indoors against a brick wall; man wears a black quarter-zip sweater and plaid shirt, woman wears a blue striped sweater. With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

DONATE TODAY!