Washington, DC – Today, the National Community Reinvestment Coalition applauded a letter from 32 Members of Congress to FHFA Director Mel Watt, and Treasury Secretary Jack Lew, urging them to ensure that Fannie Mae and Freddie Mac are adequately capitalized. NCRC members first introduced and urged Members of Congress to sign on to this letter at […]
Washington, DC – Today, in response to the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rule to protect consumers from abusive payday and car title loans, NCRC President and CEO John Taylor made the following statement. “We applaud the CFPB for proposing a rule that sensibly includes consideration of a borrower’s ability to repay
NCRC Statement on CFPB’s Proposed Rule on Payday and Car Title Lending Read More »
Washington, DC – Today, NCRC together with other consumer groups, homebuilders and small lenders sent a letter to Mel Watt, Director of the Federal Housing Finance Agency, expressing concern that the capital buffers of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will soon be depleted as a result of the Preferred Stock Purchase
Letter to Members of the U.S. House of Representatives to Enforce the Community Reinvestment Act(PDF Download)
Letter from Community Groups Urging Enforcement of the Community Reinvestment Act Read More »
Washington, DC – Today, in an agreement reached with the National Community Reinvestment Coalition (NCRC) and its community-based members and allies across the Midwest, Huntington Bancshares Inc. announced a commitment of $16.1 billion for community development, including lending and investments, over a five-year period. Huntington’s Community Development Plan, set to begin in 2017, includes mortgage
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released a white paper describing the importance of Community Reinvestment Act (CRA) exam performance context analysis, reviewing current implementation of the analysis, and prescribing improvements. The paper, “CRA Performance Context: Why it is Importance for Community Development and How to Improve it,” shows that current
CRA Performance Context Paper (Download PDF)
CRA Performance Context Paper Read More »
Washington, DC – Today, in reaction to the announcement by the Federal Housing Finance Agency (FHFA) that Fannie Mae and Freddie Mac will offer principal reduction to certain seriously delinquent, underwater borrowers, NCRC President and CEO John Taylor made the following statement: “We applaud FHFA and Director Watt for taking this important step in the
NCRC Applauds FHFA Principal Reduction Modification Program Read More »
Director of Education and Research Metropolitan St. Louis Equal Housing and Opportunity Council St. Louis, MO Ph
Executive Director CASA of Oregon Time with CASA: 23 years Other titles held at CASA: Project Developer, Accountant, Head Dishwasher Completed CASA Projects: Nothing is complete when you are the ED. Upcoming projects: My sabbatical Hobbies: Biking, rafting, camping, child rearing, Last job held (prior to CASA): Peace Corps Volunteer, Dominican Republic What did you want to be when you
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and KeyBank signed a landmark $16.5 billion community benefits agreement. The commitment, signed at the 2016 NCRC Annual Conference, is the largest by a single bank in recent history. KeyCorp’s Chairman and CEO Beth Mooney and NCRC’s President and CEO John Taylor were joined at the signing by community leaders
NCRC and KeyBank Announce Landmark $16.5 Billion Community Benefits Agreement Read More »
Letter on the Proposed Rule to Implement the Duty to Serve Requirements Imposed on the GSEs(PDF Download)
Letter on the Proposed Rule to Implement the Duty to Serve Requirements Read More »
