Homelessness During COVID and Beyond
Those experiencing homelessness are especially vulnerable to getting sick due to previous health conditions and lack of access to general wellness care.
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NCRC Dismayed by OCC’s Intention to Establish a True Lender Standard
Today, the Office of the Comptroller of the Currency (OCC) announced a proposed rule on the true lender doctrine. Under the proposal, a bank is considered to be the “true lender” if it is named as the lender or if it funds the loan.
NCRC Dismayed by OCC’s Intention to Establish a True Lender Standard Read More »
NCRC mourns the loss of John Lewis
Thank you for your dedication and persistence. Thank you for your leadership. May you rest in power.
NCRC mourns the loss of John Lewis Read More »
Federal Regulators Should Refrain From Making a True Lender Rule
In the coming weeks, we expect the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to propose a rule for the “true lender” doctrine, an act that will have a negative impact on the ability of states to protect their residents from high-cost lending.
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NCRC condemns CFPB move to gut payday loan restrictions
Today, the Consumer Financial Protection Bureau (CFPB) issued a small-dollar loan final rule that will strip away protections that had been the hallmark of the original 2017 rule.
NCRC condemns CFPB move to gut payday loan restrictions Read More »
Young scholar starts at the intersection of residential segregation and health
As a 16 year old Gen Z scholar from Long Island, Perrino chose to study the health impacts of government sanctioned segregation for a project in her science research course.
Young scholar starts at the intersection of residential segregation and health Read More »
“Redlining” and health indicators: Decisions made 80 years ago have health consequences today
The consequences of redlining are often thought of in terms of economic opportunity and segregation, but these consequences extend far beyond the boundaries of socioeconomic inequality and into the realm of health disparities.
Trump threatens to “end” an anti-segregation rule that’s already crumbling under his administration
In a tweet yesterday, President Trump threatened a vital piece of the 1968 Fair Housing Act (FHA). The 2015 Affirmatively Furthering Fair Housing (AFFH) rule finally addressed and strengthened the FHA requirement that the government do something to end housing discrimination and segregation.
The expansion of telemedicine underscores existing disparities in healthcare access
The COVID-19 pandemic has called for a recent expansion of telemedicine, demonstrating the benefits of remote care. It has also highlighted the disparities in healthcare that many vulnerable groups already face.
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FHFA proposes new regulatory capital framework for GSEs
Today, the Federal Housing Finance Agency (FHFA) published a proposed rulemaking that creates a new regulatory capital framework for Fannie Mae and Freddie Mac, known together as the government-sponsored enterprises (GSEs).
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Preliminary Analysis of 2019 HMDA Mortgage Lending Data
The Consumer Financial Protection Bureau (CFPB) released the 2019 Home Mortgage Disclosure Act (HMDA) data on June 24, 2020, detailing mortgage lending information from nearly all lenders in the United States. HMDA offers details on 9.3 million originations resulting from over 17.5 million applications.
Preliminary Analysis of 2019 HMDA Mortgage Lending Data Read More »
NCRC applauds House passage of resolution to save anti-redlining law
Today, the House of Representatives voted to pass H.J. Res 90, which disapproves of the Office of the Comptroller of the Currency’s (OCC’s) new Community Reinvestment Act (CRA) rules. If the resolution is passed into law, it would make the CRA final rule null and void.
NCRC applauds House passage of resolution to save anti-redlining law Read More »
NCRC statement on Supreme Court Consumer Financial Protection Bureau ruling
Today, the Supreme Court ruled that the Consumer Financial Protection Bureau’s (CFPB) structure is unconstitutional. The ruling ended what was supposed to be the director’s total independence from the president, by giving the president the authority to fire the director at will.
NCRC statement on Supreme Court Consumer Financial Protection Bureau ruling Read More »
Mortgage data reveals disparities in same-sex lending
Same-sex couples paid higher interest rates and closing fees on home loans, a new analysis found.
Mortgage data reveals disparities in same-sex lending Read More »
Community Reinvestment Groups Sue Trump Administration For Unlawfully Gutting Anti-Redlining Rules
Today, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), represented by Democracy Forward and Farella Braun + Martel, filed suit against the Office of the Comptroller of the Currency (OCC) for unlawfully eviscerating the vital anti-redlining rules put in place under the Community Reinvestment Act (CRA).