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Systemic Racism

Crain's Chicago Business logo

Crain’s Chicago Business: First Midwest buyer accused of home-lending discrimination as Fed mulls approval

By Steve Daniels, October 21, 2021 “This (lawsuit) is painting the Federal Reserve into a corner,” says Horacio Mendez, CEO of Chicago-based Woodstock Institute, a 48-year-old fair-lending organization. “I don’t believe this is a delay. I think they have...

October 21, 2021 at 12:53 pm read more
St. Louis Post-Dispatch logo

St. Louis Post-Dispatch: Nicklaus: Jefferson Bank finds itself in another fight, this time over buyer’s lending practices

By David Nicklaus, October 21, 2021 Horacio Mendez, president of the Woodstock Institute in Chicago, called the data “prima facie evidence” of “egregious redlining.” Woodstock, which does research on economic justice, joined the coalition seeking to block the merger. Complicating the...

October 21, 2021 at 12:51 pm read more
St. Louis Business Journal logo

St. Louis Business Journal: Consumer groups cite minority lending in opposition to merger of First Mid Bancshares, St. Louis-based parent of Jefferson Bank and Trust

By James Drew, October 19, 2021 SLEHCRA and two other groups, the Woodstock Institute and the National Community Reinvestment Coalition, submitted letters Monday opposing the merger to the Federal Reserve Bank of Chicago. In addition to urging regulators to...

October 19, 2021 at 6:31 am read more

Comment Letter: Racial Equity Impact of Federal Programs

Woodstock recently signed on to an advocates’ response to a Request for Information (RFI) from the federal Office of Management and Budget (OMB) asking for input on data, analytical methods, and stakeholder engagement strategies that federal agencies should use...

July 7, 2021 at 10:11 am read more

Letter of Support: Real Estate Valuation Fairness and Improvement Act of 2021

Last month, Woodstock signed on to a letter led by the National Consumer Law Center to support the Real Estate Valuation Fairness and Improvement Act of 2021 (H.R. 2553), which was just introduced in Congress by Reps. Emanuel Cleaver...

April 17, 2021 at 12:11 pm read more

Comment Letter: Federal Reserve Board of Governors’ ANPR on the CRA

Woodstock Institute submitted a comment letter to respond to the Federal Reserve Board of Governors’ Advanced Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA).

February 16, 2021 at 11:47 am read more
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