Media Center

Woodstock Institute staff work with the press to provide research and policy expertise on issues ranging from foreclosures to predatory lending to banking reform and more. To reach a Woodstock expert, contact Drew Dickerson at 312-368-0310.

July 8, 2014

CHICAGO—The Director of the Federal Housing Finance Agency, Mel Watt, will visit Chicago today to urge homeowners to apply for the Home Affordable Refinance Program (HARP). HARP provides refinance opportunities to homeowners who are current on their mortgages and whose homes are worth less than the outstanding mortgage debt (also known as being underwater). In the absence of a program such as HARP, mortgage lenders do not typically approve refinances for homeowners with underwater homes.

 

May 22, 2014
Legislation will help millions of Illinois workers save for retirement
April 9, 2014
Legislation will help millions of Illinois workers save for retirement
March 20, 2014
Program will help millions of Illinois workers save for retirement
February 19, 2014
Completed foreclosure auctions drop slightly, remain dangerously high
January 24, 2014
Woodstock Institute report finds that unresolved foreclosures concentrated in low-income communities, racially homogenous communities
January 17, 2014
Regions, Fifth Third, US Bank, Wells Fargo to stop offering deposit advance products
January 10, 2014

Regulations will promote sustainable mortgages, protect new homebuyers and struggling homeowners

CHICAGO—New rules taking effect on January 10, 2014, will create a safer mortgage market with fewer tricks and traps, says Woodstock Institute. The Consumer Financial Protection Bureau (CFPB) is implementing rules that require mortgage lenders to ensure that borrowers can reasonably repay their loans, provide protections for borrowers who fall behind on their mortgages, and help current homeowners stay abreast of the status of their mortgages.

December 11, 2013

Watt brings experience and fresh ideas to Fannie Mae and Freddie Mac regulator

October 31, 2013
Confirmation vote of Congressman Mel Watt as Federal Housing Finance Agency director will not proceed

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