Creating a Small Business Lending Fund President Obama continued his push last week for the creation of a Small Business Lending Fund that would increase capital to small financial institutions so that they would increase their small business lending....
L’Minggio’s story illustrates why it is so important that all automobile financing must be regulated by the consumer protection agency proposed by the House and Senate as part of the larger financial reform packages, regardless of whether that loan...
By Ashley Gross June 10, 2010 The latest foreclosure numbers from the research group RealtyTrac show some improvement for Illinois. Foreclosure filings dropped 20 percent in May compared with April. They were up from May 2009, but that’s probably...
Please sign on to the letter below by Wednesday June 9 at 12:00 CDT and tell House and Senate conferees that we need real and effective reform that protects Main Street, not a bill weakened by carve-outs and special...
fdic_june2010_safeaccounttemplatecomments.pdf Woodstock Institute comments to the FDIC’s Advisory Committee on Economic Inclusion regarding the proposed templates for safe, low-cost transactional and basic savings account products for lower-wealth consumers.
By Gloria Carr June 6, 2010 When Daniel Taylor met Illinois U.S. Sen. Dick Durbin, the Elgin man shared his experience as he struggled to keep his home and talked of his effort to obtain a home mortgage modification...
These are the kind of sobering statistics that experts presented to more than 100 representatives from community, research, financial, regulatory, and government groups at “Beyond Foreclosures: The Impact of the Financial Crisis on the Wealth Gap and Economic Opportunity.”...
By Dan Rafter June 2, 2010 Are you one of the more than 23 percent of U.S. homeowners who is underwater on a mortgage loan, according to new figures from Zillow.com? If so, who do you blame for it?...