B of A to Lay Off 4,000 LaSalle Workers (American Banker)

Fighting foreclosure; Mayors want towns to help residents (Daily Herald)

SHOREBANK TO THE RESCUE: New boss rushing to save thousands from foreclosure (Crain’s)

Foreclosure damage spreads out (The Atlanta Journal)

A local guide to corporate responsibility (Crains Chicago Business)

Coalition formed to push for hearing on B of A merger and detailed local commitment to Chicago

Breaking the bank?; Groups say LaSalle sale will hurt area (Chicago Sun-Times)

10,500 LaSalle jobs at risk: Study predicts effect of planned takeover (Chicago Tribune)

Borrowing Trouble: Illinois Tries New Tack Against Predatory Loans (Wall Street Journal)

City Voices (WNUA 95.5)

Housing Bulletin—Will Foreclosures Reverse Neighborhoods’ Progress? (Chicago Magazine)

Apply Mortgage Rules to All (American Banker)

Affordable Lending Tips from CDCUs (Credit Union Management)

Home mortgage defaults, foreclosures may pop S. Florida housing bubble (South Florida Sun-Sentinel)

The Subprime Bait and Switch (In These Times)

Woodstock Institute receives MacArthur Award

Tax refund lenders bow to community pressure, stop offering pre-season tax refund loans

New Woodstock Institute Report Raises Serious Concerns About the CRA Service Test

Congress makes saving for modest income families a little easier

Many borrower’s unaware of mortgage interest rate details, consequent foreclosures affect neighbors