Community & Economic Development Research Information Center (CEDRIC)
CEDRIC's principal mission is to foster and document research related to community and economic development issues such as small business financial behavior, access to credit, affordable housing, and community development and reinvestment.
Upcoming Events
FDIC: Community Reinvestment Act Workshop For Community Organizations
The Federal Deposit Insurance Corporation and its partners invite you to participate in a CRA Training Workshop for Community Based Organizations. This workshop will provide foundational information about the Community Reinvestment Act (CRA) that will help community organizations improve their ability to collaborate effectively with banks. Read more...
News
Developing Small Businesses and Leveraging Resources in Detroit
The Community Development and Policy Studies (CDPS) Division of the Federal Reserve Bank of Chicago has undertaken a new project that will address the issues of small business credit and financing in the city of Detroit. Read more...A Look at Upstate New York's Subprime Mortgages in Foreclosure
Subprime mortgage conditions remain a concern upstate. Analyzing a subset of these loans, this report finds that six counties with large urban centers account for about half of the securitized, subprime residential first lien loans in foreclosure. Read More...
Understanding the Securitization of Subprime Mortgage Credit
This paper provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Read More...
