The foreclosure crisis has had a significant impact on the City of Chicago, changing the landscapes of community areas and contributing to the decline in the city’s population. National and regional organizations such as the Woodstock Institute and the Latino Policy Forum have conducted extensive research on the foreclosure crisis and its impact on various racial and ethnic groups. Woodstock Institute analysis  reveals how predatory and subprime lenders targeted and preyed upon Latinos and other communities. The effects of these predatory loans—combined with those of the general financial crisis—have had a significant impact on Latino communities in Chicago.

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