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  • Fed listens to community input and announces public meeting on Countrywide acquisition
  • Federal Reserve Should Hold Public Hearing on Countrywide Purchase
  • Thirty-Five Percent of Mortgages in Foreclosure in 2007 Were Originated Just One Year Earlier
  • Systematic mortgage restructuring plan promises modest but worthwhile impact
  • Consumer Groups Rally Around Mortgage Plan: Federal Regulator Proposes Rate Freeze for Risky Loans
  • Bank of America Promised Boston what it won’t promise Chicago
  • Coalition formed to push for hearing on B of A merger and detailed local commitment to Chicago
  • Woodstock Institute receives MacArthur Award
  • Tax refund lenders bow to community pressure, stop offering pre-season tax refund loans
  • New Woodstock Institute Report Raises Serious Concerns About the CRA Service Test
  • Cooperative Credit: Community credit unions drive down the cost of emergency credit
  • From the President: What we need is a meaningful, national standard for mortgage underwriting
  • Congress makes saving for modest income families a little easier
  • Many borrower’s unaware of mortgage interest rate details, consequent foreclosures affect neighbors
  • Woodstock Hosts British CDFIs
  • Connecting to the work force: the case of young people in a low-income community of Rio de Janeiro

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• Board of Directors
  • Ada Skyles, Ph.D., J.D.
  • Charles Hill, Sr.
  • F. Leroy Pacheco
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• Press Releases
  • Communities Continue to Feel the Fallout of Loans from Now Defunct Subprime Lenders
  • Woodstock Institute Releases Foreclosure Report
  • New Federal Credit Encourages Lower-Income Workers to Save for Retirement
  • Credit Unions Offer Affordable Emergency Credit at a Fraction of the Cost of Payday Lenders
  • CRA financial services test plagued by insufficient, superficial and inconsistent data
  • Woodstock Institute Receives 2007 MacArthur Foundation Award for Creative and Effective Nonprofits
  • Chicago Region Foreclosures Skyrocket in 2006 Says New Woodstock Institute Analysis
  • Largest U.S. Mortgage Lenders Target Minorities for High Cost Loans
  • Lack of bank transparency hampering fight against financial exclusion in the UK
  • Why Bank Transparency Matters: a Comparison of the U.S. and the U.K.
  • Holiday Loans From Tax Preparers are No HELP At All
  • Woodstock Institute Releases First Illinois Community Lending Fact Book
  • U.S. Household Debt Levels Are Worrying No Matter How You Look at Them
  • Woodstock Institute releases "Key Trends in Chicago Area Mortgage Lending"
  • State Senator Schoenberg, Attorney General Madigan, Community Advocates Propose RAL Reform
  • H&R Block is Taxing to Low-Income Families - National Consumer Groups Ally to Protest Bank Charter
  • Credit Card Terms and Conditions Have a Highly Deceptive Effect
  • New Research Illustrates Devastating Impact of Foreclosures on Property Values
  • New Mortgage Pricing Data Sheds Light on Subprime Mortgage Market
  • Blog Discusses Mainstream Credit Unions’ Lower-Income Membership
  • Lower-Income and Minority Communities Still Can’t Find a Bank Branch
  • Woodstock Institute Co-Hosts First International Community Reinvestment Legislation Conference
  • New Federal Law and Deceptive Bank Practices Make for Costly Bounce “Protection”
• In the News
  • Rise in homeowners behind on payments (Chicago Tribune)
  • As Foreclosed Homes Empty, Crime Arrives (Washington Post)
  • Loophole lets lender skirt law, group says (Chicago Tribune)
  • Countrywide ripped at hearing, Bank of America told changes needed (Chicago Tribune)
  • Bank of America to alter loan practices (Chicago Tribune)
  • As owners default, lenders move in (Chicago Tribune)
  • Lenders get subpoenas (Chicago Sun-Times)
  • Risky lending far higher in minority areas (Reuters)
  • Loan Report Finds ‘Reverse Redlining’ in Hub (Banker & Tradesman)
  • Foreclosures climbed all across the Chicago region last year (WBEZ Chicago Public Radio)
  • Foreclosures cut wide swath across Dallas, Fort Worth (The Dallas Morning News)
  • Foundations weigh how to allay foreclosures (The Associated Press)
  • Not on His Watch: (Los Angeles Times)
  • Occasional CU Critic Leaves Woodstock Institute (Credit Union Times)
  • More bleak news on housing front (Chicago Tribune)
  • WILL FORECLOSED HOMES NEAR YOU AFFECT YOUR SALE? (The Seattle Post-Intelligencer)
  • Tax refund anticipation loans are costly: (Southtown Star)
  • US lenders cut deals to avoid crisis (Daily News)
  • For Hybrid Borrowers, Fed Cut May Not Be Much Help (American Banker)
  • The question of bailouts begins to hit home ( The Orlando Sentinel)
  • Countrywide continues slide as foreclosures rise (Chicago Tribune)
  • How CUs Serve Members Is Examined (Credit Union Journal)
  • Quit Blaming Subprime Victims (Daily News-New York)
  • One in Five Expect to Borrow to Heat Homes This Winter (CreditCards.com)
  • In Minneapolis, A Block Transformed (New York Times)
  • Foreclosing on dream (Chicago Sun-Times)
  • Mortgage freeze a fix for some; Others left out (Chicago Sun-Times)
  • Mortgage rescue for some (Chicago Tribune)
  • Bailout not for all (Chicago Sun-Times)
  • Officials Warn Against Payday Loans (Chicago WBBM)
  • The Best Little Deal in Banking (Money)
  • The credit crunch moves dramatically beyond Wall Street (Chicago Lawyer)
  • Did special service area lead to foreclosures in Round Lake? (Daily Herald)
  • Tracking the course of a new plague (Detroit Free Press)
  • Spreading the Misery (New York Times)
  • The Nightly Business Report (The Nightly Business Report)
  • OUR OPINION: Time for the government to step in (The Atlanta Journal)
  • Chairwoman Bair has it right on the money (Chicago Tribune)
  • Neighborhoods endure that empty feeling (The Associated Press)
  • Investors hold about 9% of loans; Illinois failings rise scant 3% (Chicago Sun-Times)
  • Investors hold about 9% of loans; Illinois failings rise scant 3% (Chicago Sun-Times)
  • Letter to the Editor: Industry, Agencies Must Strengthen Response to Crisis (The American Banker)
  • Neighborhoods suffer as crime follows foreclosure (The Associated Press State & Local Wire )
  • Foreclosures, vacancies and crime (The Associated Press)
  • Police worry about abandoned homes (The Associated Press)
  • The Dream Unravels (The Associated Press)
  • Vacant homes send crime rocketing (CNN Money.com)
  • Squalor, crime follow wave of foreclosures (The Associated Press)
  • Empty Houses Home to Crime As Loans Fail (The Associated Press)
  • Neighborhoods suffer as crime follows foreclosure (San Jose Mercury News)
  • M&A Activity: BofA Succumbs to Pressure From Community Activists (US Banker)
  • El panorama de embargos podría empeorar (Chicago Tribune)
  • Stressed borrowers use plastic to delay default (Reuters)
  • Foreclosure crisis could worsen, officials say (Chicago Tribune)
  • Reverse home foreclosure trend (Cincinnati Enquirer)
  • Consumer Groups Rally Around Regulator's Proposed Rate Freeze on Risky Mortgages (PR Newswire)
  • B of A to Lay Off 4,000 LaSalle Workers (American Banker)
  • Fighting foreclosure; Mayors want towns to help residents (Daily Herald)
  • SHOREBANK TO THE RESCUE: New boss rushing to save thousands from foreclosure (Crain's)
  • Foreclosure damage spreads out (The Atlanta Journal)
  • A local guide to corporate responsibility (Crains Chicago Business)
  • 10,500 LaSalle jobs at risk: Study predicts effect of planned takeover (Chicago Tribune)
  • Breaking the bank?; Groups say LaSalle sale will hurt area (Chicago Sun-Times)
  • Borrowing Trouble: Illinois Tries New Tack Against Predatory Loans (Wall Street Journal)
  • City Voices (WNUA 95.5)
  • Housing Bulletin—Will Foreclosures Reverse Neighborhoods’ Progress? (Chicago Magazine)
  • Apply Mortgage Rules to All (American Banker)
  • Affordable Lending Tips from CDCUs (Credit Union Management)
  • Home mortgage defaults, foreclosures may pop S. Florida housing bubble (South Florida Sun-Sentinel)
  • The Subprime Bait and Switch (In These Times)
  • Suburban foreclosures increasing (Daily Herald)
  • Some area homeowners losing grip on the American dream (ABC News Chicago)
  • Big homes, large loans raise rate of foreclosure (Chicago Tribune)
  • Foreclosures not for gawking, so skip car-wreck response (Chicago Tribune)
  • Don't get bitten by bank fees (CNN)
  • FHA tries to stay relevant to buyers (Milwaukee Journal Sentinel)
  • Foreclosure Investing 101 (WBEZ-Chicago)
  • Woodstock Report Shows CUs Aren't Only Ones Under Fire For Underserved Issues (Credit Union Journal)
  • Middle Class and Homeless -- Unlikely Families Face Foreclosure (Chicago Defender)
  • Snared!; Two women take a stand when shady company moves in (Chicago Sun-Times)
  • Minorities hit hard by rising costs of subprime loans (USA Today)
  • In 2005, half of minorities purchased their homes with subprime loans Today, delinquency rates are s
  • Can't Pay The Loan but Won't Pick Up the Phone (Washington Post)
  • Foreclosures increase (Daily Southtown)
  • Standards needed for home loans (Daily Herald)
  • Foreclosures at highest in past 8 years (Chicago Tribune)
  • MacArthur Foundation awards honor longtime area non-profits (Chicago Tribune)
  • Behind Foreclosures, Ruined Credit and Hopes (New York Times)
  • Fed's Braunstein Says Mortgage Delinquencies `Great Concern' (Bloomberg News)
  • Foreclosure remedies must include lenders (Chicago Tribune)
  • Minorities in U.S. heartland snared by subprime (Reuters)
  • Regulators accused of lax loan oversight (Los Angeles Times)
  • Adjusting for adjustable-rate mortgages (NBC Nightly News)
  • Subprime lending worries hit home (Chicago Tribune)
  • Life on Mortgage Street: Two brothers face opposing realities (Sun-Times)
  • Home loans more expensive for blacks (Financial Times)
  • Minorities getting lion's share of subprime loans (Sun-Times)
  • Subprime lenders draw attention of regulators (Chicago Tribune)
  • Ways to stop being Maxed Out (The Right Place)
  • Advance on tax refunds are no longer an option (Northwest Indiana Times)
  • Getting out of holiday credit card debt (WBEZ-Chicago)
  • Call for more transparent banking in deprived areas (Guardian Unlimited)
  • Banks urged to be open on lending (Financial Times)
  • Group's take on 'holiday loans': Stay away (Chicago Sun-Times)
  • Report blasts payday lenders (Sauk Valley Daily Gazette)
  • Mortgage mischief (Marketplace)
  • Harsh withdrawal: Banks silently charging for overdrafts (Crain's Chicago Business)
  • Voice of the People: Combating predatory lenders (Chicago Tribune)
  • New law prevents predatory lending (Sun-Times)
  • 'This is a wolf in sheep's clothing' (Chicago Sun-Times)
  • New Study Criticizes Payday Loans (WBEZ-Chicago)
  • Foreclosed but not forlorn (Chicago Tribune)
  • Loan Shock: Mortgage pros fear new state regs will hurt business (Sun-Times)
  • More Than 50 Join CU After Partnership Formed (Credit Union Journal)
  • Occasional Credit Union Critic Praises CU Program (Credit Union Times)
  • Serving the "unbanked" (Highland Park News)
  • Foreclosure prevention law goes into effect on Sept. 1 (Chicago Tribune)
  • State guilty of `redlining,' critics say (Chicago Tribune)
  • Southland Lawmakers Lead Charge on Payday Loan Changes (Daily Southtown)
  • Borrowing While Black (Chicago Reader)
  • Spotlight for Subprime Critics? Activists line up for Fed hearings, banks wait (American Banker)
  • Retail Roundup (Belleville News-Democrat)
  • Facing Foreclosure (WEEK NBC)
  • Bank fees are more outrageous than ever (MSN Money)
  • City loan plan to help buyers (Chicago Tribune)
  • Speaker Madigan presses national banks to sign lending vow (Crain's)
  • Preempted, Illinois Backs Up Predator Law with Boycott (American Banker)
  • Home, bittersweet home (Fort Wayne Journal Gazette)
  • Safeguards needed for all payday loans (Sun-Times)
  • RALs siphon refunds (The News Star)
  • Some mortgage lenders don't like new ZIP law (Chicago Tribune)
  • More perks for new buyers (Chicago Tribune)
  • Payday Loan Protection Law (The Star)
  • Plenty of Down-Payment Assistance is Available if You Search (Chicago Tribune)
  • Woodstock Institute Objects to DCFU’s Bank Application (Credit Union Times)
  • New Law Clamps Down on Popular Fast-Cash Payday Loans (ABC 7 Chicago)
  • Bad Loans Pain Evanston (Chicago Tribune)
  • Tax Service Company Wants to Open Savings Bank: Groups Fight Block's Bank Plan (Kansas City Star)
  • Fed Report Links Race and High Mortgage Rates (Chicago Tribune)
  • 'Disappointment' on Block Charter (American Banker)
  • Woodstock Institute Weighs in Concerned About CU Conversions (Credit Union Times)
  • Foreclosures Hurt Neighbors (Chicago Tribune)
  • HUD Agency May Insure Riskier Loans (Wall Street Journal)
  • Woodstock is Not a Foe of Credit Unions (Credit Union Times)
  • New Report Analyzes Credit Card Debt (Nitty Gritty News)
  • Bank-Credit Union Pricing Gap Played Up in Study (American Banker)
  • Longtime CU Critic Woodstock Institute Finds CU Card Practices Better Than Credit Unions (CU Times)
  • Report, Critical Of Most, Has Praise For CUs (Credit Union Journal)
  • Modest gains for smallest of loans - Banks step up with money for start-ups (Chicago Tribune)
  • Bias probe looks at Household acquirer's loan pricing (Chicago Tribune)
  • South Side's Seaway eyes Highland bank; Black-owned buyer would ease concerns (Crain's Chicago)
  • Payday loan reform would limit debts (Chicago Sun-Times)
  • Borrowing patterns fall along racial lines (USA Today)
  • Invitation to Redlining? Obscure CRA Plan Assailed (American Banker)
  • Small Bank Change Seen as Threat to Poor: Loss of Loans, Services Feared
  • Payday Loans Should be Regulated (Chicago Sun-Times)