The Wall Street Wrecking Ball: What Foreclosures are Costing Neighborhoods
September 15, 2011
CRC joined with the Alliance of Californians for Community Empowerment (ACCE) to analyze the full impact of foreclosures on a local level in five cities-- Los Angeles, Oakland, San Francisco, Sacramento, and San Jose. Foreclosures lead to decreased home values in neighborhoods, lost property tax revenues, and increased costs to local government. The reports include policy recommendations that would stop the wave of foreclosures and stabilize communities.
For a link to the Oakland report, click here.
For a link to the Los Angeles report, click here.
For a link to the San Francisco report, click here.
For a link to the Sacramento report, click here.
For a link to the San Jose report, click here.
Race to the Bottom: An Analysis of HAMP Loan Modification Outcomes by Race and Ethnicity for California
July 2011
This CRC report analyzes bank loan modification performance in California, and in four metropolitan statistical areas-- Sacramento, Los Angeles, Fresno, and San Francisco/Oakland. The report uses recently released data from the Treasury Department on loan modification applications submitted as a part of the HAMP program, as well as the results of CRC's April/May 2011 survey of nonprofit housing counselors. The report reveals the shortfalls of the HAMP program, the continuing problems with servicers, and points out worrisome disparities in outcomes for borrowers of color. The report concludes with specific policy recommendations.
Paying More for the American Dream V: The Persistence and Evolution of the Dual Mortgage Market
April 28, 2011
CRC and its collaborative partners released our fifth annual report in the Paying More for the American Dream series, examining conventional refinance lending in seven metropolitan areas across the country. The
report documents disparities in the changes in refinance lending over this period and highlights disparate 2009 denial rates based on the racial composition of communities.
Home Wreckers: How Wall Street Foreclosures Are Devastating Communities
March 2011
A publication of the RE-Fund California Campaign, a collaborative partnership between the Home Defenders League (a project of the Alliance of Californians for Community Empowerment), PICO CA (People Improving Communities Through Organizing), CRC, and SEIU Locals 100, 521, 721, and 1021. The report reveals the hidden costs of foreclosures to homeowners, neighborhoods, local governments, and the state. March 2011.
Making the Grade: Are California's Biggest Banks Failing Consumers?
March 2011
Bank Report Card. CRC's report card analyzes the fee impact of checking accounts offered by California's biggest banks.
Small Business Access to Credit: The Little Engine That Could
December 2010
CRC's report on the drop in small business lending in California counties from 2007 to 2009.
Chasm Between Words and Deeds VI: HAMP Is Not Working
July 2010
CRC's sixth survey of housing counselors.
Paying More for the American Dream IV: The Decline of Prime Mortgage Lending in Communities of Color
May 2010
Examining the dramatic changes in prime mortgage lending in communities of color in the wake of the foreclosure crisis.
From Foreclosure to Re-Redlining: How America's Largest Financial Institutions Devastated California Communities
February 2010
CRC's original research, using lending and loan modification data, to see how banks acted in five California communities from 2007-2010.
The Ongoing Chasm Between Words and Deeds
March 2009
CRC's fifth survey of mortgage couseling agencies on the responsiveness of loan servicers.
Paying More for the American Dream III
Promoting Responsible Lending to Lower-Income Communities and Communities of Color
The Widening Chasm Between Words and Deeds
September 2008
CRC's fourth survey of mortgage counseling agencies on the responsiveness of loan servicers.
The Continuing Chasm Between Words and Deeds
April 2008
CRC's third survey of mortgage counseling agencies on the responsiveness of loan servicers.
The Growing Chasm Between Words and Deeds
CRC's second survey of mortgage counseling agencies on the responsiveness of loan servicers in December 2007
The Chasm Between Words and Deeds
CRC's first survey of mortgage counseling agencies on the responsiveness of loan servicers in August 2007
Paying More for the American Dream
The Subprime Shakeout and Its Impact on Lower-Income and Minority Communities (41 pg. pdf)
Free Checking is not Free
A Closer Look at Overdraft Fees: How California’s Largest Banks Profit from Low-Balance Account Holders (13 pg. pdf)
Foreclosed: The Burden of Homeownership Loss on City of Oakland and Alameda County Residents
A report by Housing and Economic Rights Advocates and CRC (47 pg. pdf)
Payday Lenders Evade Regulations
A Summary of Findings from Surveying Payday Lending Establishments (10 pg. pdf)
Paying More for the American Dream
A Multi-State Analysis of Higher Cost Home Purchase Lending (21 pg. pdf)
Small Business Access to Bank Credit: the Little Engine that Could
CRC's 2007 Small Business Report (17 pg. pdf)
Who Really Gets Higher-Cost Home Loans 2006
CRC's 13th Annual HMDA Report (57 pg. pdf)
Who Really Gets Higher-Cost Home Loans 2005
CRC's 12th Annual HMDA Report (50 pg. pdf)
Where are the Bank Branches in my Community?
CRC's 2005 Bank Branch Analysis (15 pg. pdf)
The Financial Divide: An Uneven Playing Field
A look at banks financing check cashers and payday lenders in California, 2005 (16 pg. pdf)
Small Business Access to Bank Credit
CRC's Small Business Report 2003 (25 pg. pdf)
Stolen Wealth
Inequities in California's Subprime Mortgage Market, 2001 (59 pg. pdf)
Five Steps to Community Reinvestment Success
A manual for reinvestment campaigns