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.
Illustrates the quantitative relationship between the level of subprime lending in a neighborhood and foreclosure levels in a subsequent period, while controlling for changes in economic and demographic characteristics that might also effect foreclosure rates.
Explains the importance of small business development to modest-income
urban neighborhoods, including discussions of access-to-credit problems
and the role of CRA and economic development finance in these markets.
Provides a framework for developing strategies for addressing small
business financing needs in targeted markets.
Profiles model small business lending programs around the country that
target modest-income communities. Examples include bank-community
partnerships, specialized bank units, multibank efforts,
government-administered programs, and CDFIs. The report also offers
lessons for effectively reaching underserved markets.
Demonstrates that banks with a commitment to reach unbanked or under-banked households can do so effectively and efficiently. The report profiles programs and services at Banco Popular de Puerto Rico, Union Bank of California, First Bank of the Americas in Chicago, First Interstate Bank in Montana and Wyoming, and Wells Fargo Bank Wisconsin. These banks provide affordable checking or lifeline accounts, innovative financial literacy programs, and creative outreach and marketing strategies.
Analysis of Circuit Court of Cook County filings by one large payday lending showing the shift from short-term loans, cover by Payday Loan Reform Act consumer protections, to longer-term installment loans not covered by the act. The report also looks at the debt collection process.
