The printed world (The Economist)—A “new industrial revolution” of faster, cheaper, and more precise 3D printers could make it easier for many more people to make things.—Tom Feltner, Vice President Creating Shared Value: How to Reinvent Capitalism—and Unleash a...
Over at Bank Talk, Adam Rust of the Community Reinvestment Association of North Carolina (CRA-NC) has been providing excellent coverage of regulatory updates. Rust quotes from the FDIC’s notice to Republic: The Federal Deposit Insurance Corporation (the “FDIC”) has...
As a deregulatory philosophy took hold of Washington in the early 2000s, prudent supervision of the mortgage market broke down. Predatory loan products edged out sustainable ones in low-wealth communities, presaging the foreclosure crisis that destroyed billions of dollars...
By Robert Dietz February 21, 2011 There’s a lot at stake in the City Council races. Retirements in wards throughout the city have led to an explosion of interest in running for the council. All tolled the ballots tomorrow...
By John McCarron February 21, 2011 Too bad Isidra and Wenceslao Martinez couldn’t make it to Davos, Switzerland, a couple of weeks ago to hear the CEO of JPMorgan Chase explain how his bank is getting a bad rap...
New data show that condominiums are a significant driving force behind foreclosure growth in many parts of the Chicago region. For example, in the suburbs of Northwest Cook County, foreclosures grew by 24.5 percent from 2009 to 2010—one of...
By Mick Dumke February 17, 2011 In the eyes of Lisa Thomas, the needs of the 15th Ward are so extensive it is difficult to list them all. “Things have been going downhill,” said Ms. Thomas, a mother of...
By Jennifer Johnson February 16, 2011 Foreclosures continued to increase in Park Ridge last year but at a rate that was lower than the Chicago region’s average, a report from a foreclosure research group shows. The Woodstock Institute’s 2010...
Conference details Wednesday, April 13 to Saturday, April 16 Washington Court Hotel Washington, DC Register for the 2011 NCRC Annual Conference Each year, over 20 advocates, community stakeholders, and decision makers from the Chicago region participate – presenting...
By Karen Berkowitz February 15, 2011 More Evanston homeowners fell far enough behind on their mortgage payments in 2010 that lenders and mortgage service companies lowered the boom in Cook County Circuit Court. Across Evanston, foreclosures were filed on...