The National Community Reinvestment Coalition (NCRC) submitted two comment letters to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Company (FDIC) on the agencies’ proposed rule changes to the Community Reinvestment Act (CRA).
NCRC Submits Comment Letters on Proposed Changes to CRA Read More »
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Missing Records Include Data and Analysis Cited in OCC and FDIC’s Plan, Which, if Adopted, Would Reduce Investment in Low- and Moderate-Income Communities
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Health inequities in the United States have seemingly been exacerbated during the recent coronavirus outbreak. Unfortunately, prior to this pandemic, certain groups like low-income families, patients who do not speak English as a primary language and people of color were among the most susceptible to be treated unfairly and lack appropriate access to care and resources.
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When the coronavirus first began to spread widely across the world, anti-Asian sentiments soon began to follow.
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Proposed rule changes to the Community Reinvestment Act (CRA) could encourage the neglect of entire markets by the largest banks, a new study found.
Your credit reports and scores play an important role in your future financial opportunities. You can use these steps to manage and protect your credit during the COVID-19 (coronavirus) pandemic.
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“This is going to make it harder for community groups to engage in the process,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. “These are substantial changes that are being presented as a technical update, with almost none of those changes being advertised. So yeah — it’s sort of a stealth maneuver.”
American Banker: Will OCC plan silence some critics of bank M&A? Read More »
According to Jesse Van Tol, the CEO of the National Community Reinvestment Coalition, a blanket national halt to evictions and foreclosures would help policymakers get ahead of any uptick in delinquencies and defaults, preventing the government form “reacting to it and playing catch-up,” he told American Banker.
DSnews: Activists Call for Halts on Foreclosures Read More »
