For seven decades, “never forget” has been a rallying cry of the Holocaust remembrance movement. But a survey found that many adults lack basic knowledge of what happened.
New York Times: Holocaust is fading from memory, survey finds Read More »
Today, we celebrate the 50th anniversary of the passing of the Fair Housing Act, considered the largest civil rights victory in history, and passed seven days after the assassination of Rev. Dr. Martin Luther King in memoriam of his life’s work. In commemoration, leaders from the National Community Reinvestment Coalition made the following statements.
NCRC celebrates the 50th anniversary of the Fair Housing Act Read More »
Wells Fargo could face a $1 billion fine from the CFPB, the largest in history, but is that enough? Join Stacy Cowley, Kerri Miller, and NCRC’s John Taylor. Also discussed, Mick Mulvaney’s CFPB, breaking up the big banks, and El Chapo’s drug cartel.
MPR News: How consumers can protect themselves from potential abuse by big banks Read More »
Let’s discuss the specifics of what modernization could look like, since the Treasury report chose not to.
American Banker: BankThink Grading Treasury’s CRA reform memo: ‘Incomplete’ Read More »
Critics argue that Community Reinvestment Act standards need to be more transparent, but creating more objective measures would require regulators to favor some types of loans over other
American Banker: CRA’s black box could prove difficult to open Read More »
The answer to the disparity in death rates has everything to do with the lived experience of being a black woman in America.
The New York Times: Why America’s black mothers and babies are in a life-or-death crisis Read More »
Autonomous technologies can support social services programs, but delivery must always be centered around people.
SSIR: Leveraging the power of bots for civil society Read More »
Fifty years after President Lyndon B. Johnson signed it into law, the bill has failed to deliver on its key tenet: creating an integrated society.
New Yorker: The unfulfilled promise of the Fair Housing Act Read More »
Fair-lending enforcement would not happen in earnest until years after the Fair Housing Act, not until the Community Reinvestment Act of 1977 required financial institutions go on record about what they considered their market area. The law intentionally created a conundrum for any institution that was redlining: How could it accept deposits from customers to whom it was unwilling to lend?
CityLab: How the Fair Housing Act failed black homeowners Read More »
African Americans in the same neighborhoods decimated by subprime lending are now being targeted with new predatory loan offerings.
The Atlantic: A house you can buy, but never own Read More »
The plan will increase access to financial resources within low- to moderate-income (LMI) communities in Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
First Tennessee and NCRC announce a $3.95 billion commitment to community development Read More »
NCRC’s longtime leader, John Taylor, was promoted to President & Founder. Jesse Van Tol, who started as an assistant to Taylor in 2006 and most recently was Chief Operating Officer, was named the organization’s CEO. They will co-lead NCRC to expand opportunities for affordable housing, economic development in low- and moderate-income communities and fairness in financial services.
NCRC promotes top executives Taylor and Van Tol, and adds a political unit Read More »
A member of NCRC’s board of directors since its founding in 1990, he has spent 30 years in the non-profit sector.
Hubert Van Tol receives NCRC lifetime achievement award Read More »
The award recognizes a government or industry leader who demonstrates outstanding commitment to the field of economic justice.
Bruce Murphy receives NCRC Representative Henry B. Gonzalez Award Read More »
Bank regulators have not even proposed a plan yet for overhauling the Community Reinvestment Act, but stakeholders likely to weigh in on the plan are already establishing battle lines.
American Banker: No shortage of ideas on CRA overhaul as official plan remains mystery Read More »
