Indepth analysis of persistant problems in the field of community development. Woodstock's research reports contribute to the body of knowledge used by policymakers and community development practitioners.
Foreclosures spiked in the last
quarter of 2007 in nearly every community in the Chicago region, based on foreclosure filings
analyzed by Woodstock Institute. This report also found that foreclosure
filings have increased in suburban areas that have not traditionally been
associated with high foreclosure levels.
Examines the court records of borrowers taken to court by two companies now offering payday installment loans. These loans, which were made before the Payday Loan Reform Act (PLRA), show the types of abuses and aggressive litigation borrowers can expect from these companies currently offering loans designed to circumvent the law.
California Reinvestment Coalition, Community Reinvestment Association of North Carolina, Empire Justice Center, Massachusetts Affordable Housing Alliance, Neighborhood Eonomic Development Advocacy Project, Ohio Fair Lending Coalition, and Woodstock Institute
This report shows that foreclosures have a significant negative effect
on neighborhood property values. Although foreclosures have long been
considered a problem associated with FHA loan programs, recent research
has shown that the explosion in foreclosures that began in the 1990s
was primarily driven by the growth of high-risk, conventional subprime
lending.
This report provides a method for estimating the loan
terms and conditions, default conditions, automobile characteristics, and
borrower demographics of title loans in Illinois
based on Cook County
court cases filed against borrowers in default during 2005. It identifies key
information on the title loan industry necessary to inform the public debate on
how to best apply nationally recognized small loan consumer protections to the Illinois
title loan industry.
