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.
The purpose of this guide is to help community organizations enable their members to join a mainstream credit union and begin building modest assets. Many credit unions offer financial products and services tailored to the needs of low-income people, but mainstream credit unions have not historically reached this population. Partnering with community organizations expands a credit union's membership while giving community organizations the tools to help their members build assets.
This report provides a new analysis of the payday
lending industry and its customers. Using data obtained from the
Illinois Department of Financial Institutions (DFI) and various other
sources, it finds major faults in the key defenses that the industry
has used against stronger consumer regulation.
Jim Campen, Saara Nafici, Adam Rust, Geoff Smith, Kevin Stein, and Barbara van Kerkhove
This report demonstrates that African-American and Latino borrowers are paying more than their white counterparts for home purchase loans in six geographic areas: Boston, Charlotte, Chicago, Los Angeles, New York, and Rochester. This review of federal lending data shows dramatic disparities. For example, in New York, African-American borrowers were five times more likely to receive higher-cost home purchase loans than were white borrowers.
Analyzes patterns of small business lending in the Chicago region. Notes patterns in lending related to geography and race. Highlights importance of branch networks for small business lending and discusses credit card banking.
