Posts tagged "crisis"

Everything you want to know about the Reporter's investigations and the lawsuits they started

From the practice of redlining in the 1960s to predatory lending in the 2000s, racial disparities in housing have long played out in Chicago. And for much of that time, The Chicago Reporter has been there to dig up the dirt on why it’s happening and who is profiting from it. This timeline looks at... Read more »

New law bans some predatory lending practices that had hurt vulnerable communities

New law bans some predatory lending practices that had hurt vulnerable communities
The practice of giving high risk home loans to minorities and financially vulnerable communities is alive and well, says a legislator behind a bill that seeks to ban two types of tricky lending practices. SB1692, passed in May and signed by Gov. Pat Quinn on July 25th, would ban prepayment penalties and balloon payments. Written... Read more »

Infographic: Medicaid on the cutting board

Medicaid, by definition, serves the families and individuals with incomes so low that without it they would not be able to get the health care coverage that they need. But a budgetary crisis and a backlog of unpaid bills to providers have raised the threat that services may be cut off if the state cannot... Read more »
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