In May 2019, the National Community Reinvestment Coalition (NCRC) filed a comment opposing the application and noted then that the company had not provided a complete plan to meet its community reinvestment obligations.
Monzo USA withdraws national bank charter application opposed by NCRC Read More »
Just Money, September 30, 2021, A Symposium On Destin Jenkins’s The Bonds Of Inequality: Debt And The Making Of The American City Dedrick Asante-Muhammad, National Community Reinvestment Coalition (NCRC) Bonds of Inequality: Debt and the Making of the American City details the rise and fall of the municipal bond market as an economic engine for municipalities.
US Congressman Chuy García, September 30, 2021, Rep. Chuy García & Senator Elizabeth Warren Introduce Bank Merger Review Modernization Act To End Rubber Stamping Of Bank Merger Applications The Bank Merger Review Modernization Act has been endorsed by Jeremy Kress, former Federal Reserve Board attorney and Assistant Professor of Business Law at the University of Michigan; the
NFHA, September 30, 2021, Civil Rights, Consumer Protection, and Housing Policy Organizations Applaud Senator Raphael Warnock’s Introduction of the $100 Billion Downpayment Toward Equity Act, Call for Its Immediate Passage Following Senator Raphael Warnock’s (D-GA) introduction of the Senate companion to the Downpayment Toward Equity Act, which would allocate $100 billion in funding for first-time homebuyers, the National
Rohit Chopra’s prior experience as an Associate Director and Student Loan Ombudsman at the CFPB and most recently as a Federal Trade Commissioner demonstrates his strong commitment to the CFPB’s core mission to protect American consumers from unfair, abusive or deceptive financial practices and products.
NCRC applauds confirmation of Rohit Chopra to lead CFPB Read More »
This article was co-produced and co-published with the Nonprofit Quarterly. The United States is a country built on the genocide and taking of land of Indigenous peoples, as well as turning enslaved Africans into the private wealth of White citizens. This has created a nation whose riches are highly concentrated among White Americans. Even after landmark
Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership Read More »
The National Community Reinvestment Coalition (NCRC) has filed fair housing complaints against three real estate providers for discriminating against prospective Asian American clients.
NCRC Files Complaints Against Real Estate Agents For Anti-Asian Business Practices Read More »
The US Department of Housing and Urban Development (HUD) has appointed six new members to its Housing Counseling Federal Advisory Committee, including Ibijoke Akinbowale, director of the National Community Reinvestment Coalition’s (NCRC) Housing Counseling Network (HCN).
NCRC Director Ibijoke Akinbowale Appointed to HUD Advisory Committee Read More »
Yesterday, President Biden announced the nomination of Cornell Law School Professor Saule Omarova to be the next Comptroller of the Currency.
NCRC statement on nomination of Saule Omarova as Comptroller of the Currency Read More »
of this national health crisis will take longer than initially expected. Utilizing art to process loss, explore themes of inequity in health and advocate for a more just society has a much-needed place in the creativity and function of community.
COVID Creative Placemaking Read More »
Alan Fisher, founding director of the California Reinvestment Coalition, died Thursday, September 16, 2021, surrounded by family, following a hard-fought battle with cancer. In the world of housing and economic justice, Alan was a titan who advocated for working-class families, communities of color, and small-business owners. “The world seems a little sadder today than it
Not only is it feasible, it is also constitutional to add a robust consideration of race to the requirements of the Community Reinvestment Act (CRA), a new report argues. The report, from the National Community Reinvestment Coalition (NCRC) and the civil rights law firm Relman Colfax PLLC, calls on CRA regulators at the Office of
CRA regulations, examination procedures should include explicit focus on race Read More »
Today, national civil rights, housing policy, and consumer protection groups released a letter sent to Congressional leadership and committee chairs calling for inclusion of housing policies that would advance racial and economic equity in the upcoming human infrastructure reconciliation legislation. The letter, linked here, was signed by the Center for Responsible Lending, The Leadership Conference
Over the last year, the division of inequality in America has been revealed through our simultaneous crises of COVID, racial injustice and economic insecurity. Low income and low-wealth households — many of which are Black American, Latino, and Native American — continue to face economic barriers in access to credit, homeownership, capital assets and other means to improve their economic situations.
FedNow System Must Not Launch Until it is Safe The Federal Reserve Board must do more to protect consumers, small businesses and other users from fraud and mistakes in the new “FedNow” instant person-to-person (P2P) system that it is developing, according to comments submitted today by consumer, small business, community and legal services groups. One
Fed Must Do More to Protect Consumers From Fraud and Mistakes in New P2P Payment System Read More »
