Redlining is making a comeback.

That's the warning issued in a new report that analyzed lending patterns before and after the subprime mortgage collapse. Although communities of color were flooded with often unaffordable, high interest mortgages and home equity loans in the first half of the decade, after 2007, lending in those communities fell off sharply.

After years of pushing and a series of meetings with Fed Chairman Bernanke, National People’s Action is pleased to report that the Federal Reserve will hold hearings this summer and fall on expanding the Home Mortgage Disclosure Act.

Every 22 minutes a home goes into foreclosure in Chicago.

With the largest number of homebuyers of any metropolitan area in the nation, Chicago provides a snapshot of not only the latest urban real estate trends, but also the economic well-being of American households across all income levels.

In the 1970’s National People’s Action, under the leadership of Gale Cincotta and a host of committed neighborhood leaders from around the country used their personal experience and data made available by the Home Mortgage Disclosure Act to make the case for the passage of CRA. They realized then that the systematic redlining and disinvestment in low, moderate and minority neighborhoods was not only a fundamental injustice, but realized that a two-tiered system of credit allocation was not sustainable.