What can you do to help? Housing Action recommends that you get in touch with Illinois Senate leadership and ask them to not allow the bill to move forward. Take action now, since the legislation could be called...
In this edition of Woodstock Developments, Dory Rand urges banks to help prepaid card consumers build wealth, retirement insecurity is on the rise in Illinois, conventional mortgages comprise a growing percentage of new foreclosures in Chicago, negative equity disproportionately...
By Martha Bridegam April 26, 2012 The Chicago-based Woodstock Institute is understandably exercised about an Illinois state legislative proposal that, if passed, would declare a property to be “abandoned” for quick-foreclosure purposes if it has residents but they...
Instead of turning away Gail as a customer, the banker offers Gail the bank’s new prepaid card. For a small monthly fee, Gail can have her paychecks directly deposited to the prepaid account and use the card like cash...
Download a fact sheet about access to employment-based retirement savings in Illinois Read Woodstock Institute Vice President Spencer Cowan’s testimony on H.B. 4497 Low-income workers, particularly those in the service industry and those that are part-time,...
autoIRA_policybrief_april2012_0.pdf
autoIRA_testimony_april2012_0.pdf Testimony of Spencer Cowan, vice president of Woodstock Institute, on access to employment-based retirement savings plans in Illinois.
By Francine Knowles April 12, 2012 Foreclosure filings in the Chicago metropolitan area jumped 18.5 percent in March from a year earlier and edged up 1.8 percent from February, according to the latest report from RealtyTrac released Thursday....
By Dennis Rodkin April 11, 2012 A new federal report has provided yet another sign that Chicago’s housing market is in the slow lane on the road to recovery. The report, issued last week with the government’s monthly...
By Jon Prior April 11, 2012 A growing percentage of conventional, fixed-rate mortgages end up in foreclosure, according to the Woodstock Institute, whose report focused on the Chicago metro area. In 2011, 68.2% of foreclosed homes came...