150616_longerroadhome_cowan.pdf The study found that: Mortgage applications from most women and women with co-applicants are less likely to be originated than mortgage applications from men and men with co-applicants, even controlling for loan-to-income ratio. The disparities between the origination...
startingbehind_buitrago_may2015.pdf The study found that: Students at two-year for-profit colleges were nearly 50 percent more likely to borrow than students at public colleges, all other factors being equal. Latino and white students at four-year for-profit colleges were significantly more...
discredited_august2014_cowan Data from all regulated financial institutions shows the impact of the Great Recession on the availability of credit. Lending to businesses declined by 4.8 percent nationally between 2008 and 2011. The dollar volume of small loans to businesses...
overdraft.pdf Four organizations—California Reinvestment Coalition of Oakland, CA; New Economy Project of New York, NY; Reinvestment Partners of Durham, NC; and Woodstock Institute of Chicago, IL—conducted 64 mystery shopping visits at 39 bank branches in Chicago, Durham, New York...
The report defines a zombie property as a property for which a foreclosure case has been filed but not resolved for more than three years. Because neither the borrower nor the servicer has clear control of the property, neither...
decipheringblight_buitrago_june2013.pdf The report also makes several recommendations on data collection practices that would allow municipalities to better understand the scope of the vacant buildings problem in their communities, inform strategies for property redevelopment and reuse, and keep track of...
The Case for Banning Payday Lending – June 2013.pdf A key move in the industry’s playbook is to convince states that the best way to address predatory payday lending is to regulate the industry. But regulations in states that authorize payday...
Female mortgage applicants are less likely to have their loans originated than are male mortgage applicants, Woodstock Institute finds in a new fact sheet.
Continue reading New research finds disparities in mortgage lending to women
Unequal Opportunity Fact Sheet, March 2013 Using available Home Mortgage Disclosure Act (HMDA) data and controlling for loan-to-income ratios, we find significant disparities in access by women across racial and ethnic groups to mortgages for purchasing and refinancing their...
Coming Up Short: The Scope of Retirement Insecurity Among Illinois Workers By Spencer Cowan, September 2012 The negative impact of the lack of adequate retirement savings will fall not only on the individual workers involved; it will also have adverse impacts...