Tom Feltner

Presentation made at the Illinois State University Stevenson Center for Community and Economic Development conference entitled Micro-credit: An Alternative to Predatory Lending.  The presentation lays out the features of many of the most popular forms of high cost emergency credit available to Illinois borrowers.  It continues by examining why these types of loans are attractive options for many borrowers despite their high cost and potentially predatory features and considers the possible community development impacts of this type of lending when it is concentrated in lower-income communities.  Finally, it discusses several forms of consumer credit that may serve as lower cost alternatives.

 

Geoff Smith

Presentation made at the Illinois Attorney General's Homeownership Preservation Summit describing recent national and regional subprime lending and foreclosure trends.

Tom Feltner

Presentation made to the 10th Congressional District Mortgage Roundtable detailing high risk lending and foreclosure patterns in North Cook and Lake counties.

This presentation is designed to facilitate a discussion with community organizations on the benefits of CRA, and help prepare written comments, oral testimony, or answer questions on why CRA modernization is necessary to their organization's community investment mission.

Senior Vice President Geoff Smith discusses the findings and recommendations of "Left Behind: Troubled Foreclosed Properties and Servicer Accountability in Chicago."

Senior Vice President Geoff Smith discusses the findings and recommendations of "Paying More for the American Dream V: The Persistence and Evolution of the Dual Mortgage Market."

Senior Vice President Geoff Smith and the Chicago Reporter's Megan Cottrell discusses the findings and recommendations of "Paying More for the American Dream V: The Persistence and Evolution of the Dual Mortgage Market."