FOR IMMEDIATE RELEASE Woodstock Institute Receives 2007 MacArthur Foundation Award for Creative and Effective Nonprofits Woodstock Institute, one of the oldest fair finance and community economic development research and policy organizations in the country, is a...
By Charles Storch Tribune staff reporter Published March 29, 2007 Kartemquin Educational Films was started in 1966 by three University of Chicago graduates with a passion for socially relevant documentaries. Woodstock Institute was begun in 1973 by elderly philanthropists...
By Becky Yerak Tribune staff reporter Published March 29, 2007 Nearly 29,000 foreclosures were filed in the six-county Chicago region in 2006, a one-year jump of 36 percent and the highest level in at least eight years, amid a...
FOR IMMEDIATE RELEASE Chicago Region Foreclosures Skyrocket in 2006 Says New Woodstock Institute Analysis A new analysis of 2006 foreclosure data by Woodstock Institute shows that foreclosure filings have skyrocketed, reaching their highest point in recent memory....
By Kareem Fahim and Ron Nixon March 28, 2007 NEWARK — After Franklin Abazie fell behind on his mortgage last year, he tucked one of his foreclosure notices, still in its ripped envelope, into the visor of his car...
By Craig Torres and Scott Lanman March 27, 2007 The Federal Reserve has “great concern” about the surge in mortgage delinquencies and foreclosures, said Sandra Braunstein, director of the Fed’s Division of Consumer and Community Affairs. “The impact of...
Geoff Smith An analysis by Woodstock Institute of Chicago area foreclosures show that foreclosure filings in the region grew at an alarming rate in 2006 and have reached their highest point in recent memory. Read more here
Dawn Turner Trice Columnist March 26, 2007 We sort of understand how the national subprime lending mess and mortgage foreclosures have affected Wall Street and investors. Though it's not a pretty picture, it's all fairly clear-cut. But beyond...
By Nick Carey Fri Mar 23, 2007 ADDISON, Illinois (Reuters) – In a month or two, Jose Cortez will likely lose the home he wanted for his children. But he says that’s not what bothers him most. “I...
By Jonathan Peterson Times Staff Writer March 22, 2007 WASHINGTON – As risky home loans soared in popularity in recent years, federal banking regulators were repeatedly warned that more borrowers were getting trapped in mortgages they could not...