Join banking, regulatory, legal, fair housing, advocacy and policy experts for a conversation on the community-lender discussions spurred by CRA requirements around mergers and the agreements that often come from these conversations.
The FDIC released proposed rules for an interagency Community Reinvestment Act reform process today. The long-awaited proposal represents the most recent of many stalled efforts to update this anti-redlining law.
We’ve launched a 3-month campaign that leverages multiple media streams to direct consumers to the resources available at WeProsperIL.org, prompting them to share their story and inviting them to join the advocacy network.
On February 23, Janice Guzon and Horacio Mendez led a presentation highlighting the new capacities of our online data portal.
Raul Raymundo and TRP’s Director of Financial Wellness Lizette Carretero joined U.S. Rep. Chuy García, D-Ill. and the Woodstock Institute team in briefing 50 Latino legislative and community leaders Monday about prospects for a national 36% APR cap, affordable...
We and St. Louis Equal Housing and Community Reinvestment Alliance have completed a Community Benefits Agreement with First Mid - as SLEHCRA recently announced -- that addresses our concerns. But the sale points to a major outstanding issue: if...
With the start of a new year, we decided to look back on the impact of the 36% interest rate cap set by the Predatory Loan Prevention Act (PLPA) on Illinoisans in 2021. The bottom line is that the...
We believe the ease at which the federal bank regulatory agencies approve mergers has created an unprecedented level of consolidation in the industry that disproportionately hurts access to financial services in low- and moderate-income communities and communities of color....
With the overwhelming support of Woodstock Institute staff, we have made the decision to leave Facebook. Update: if you are not ready to cancel Facebook / Instagram you can also join a coalition planning a Facebook Logout Nov. 10-13...
During the Illinois General Assembly veto session the last week of October, Woodstock Institute and other consumer groups made the case that lawmakers should not proceed with a regulatory “sandbox”-like licensing scheme whereby a financial technology (“fintech”) company could...