NCRC

NCRC Testifies Before Congress on Financial Technology and Marketplace Lending

Washington, DC – Today, the National Community Reinvestment Coalition’s Director of Policy and Government Affairs Gerron Levi testified before the U.S. House of Representatives Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit regarding financial technology (FinTech) and marketplace lending. In the testimony, NCRC detailed the opportunities and challenges of FinTech and discussed the need

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NCRC Statement on CFPB’s Proposed Rule on Payday and Car Title Lending

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

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HCN Homebuyer Education Webinars – For Potential Homebuyers

NCRC’s Housing Counseling Network offers a Homebuyer Education Program. It is now completely online and self-paced to participants interested in purchasing a home and who have been referred to NCRC. There is a fee of $150 for the online education. If you are just interested in the one-on-one counseling session, there is no fee for

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As HUD Asks Americans to “Dare to Own the Dream” of Homeownership, NCRC Calls on Obama Administration to Preserve Affordable Housing Goals

Washington, DC – Today, following a U.S. Department of Housing and Urban Development (HUD) National Homeownership Month “Dare to Own the Dream” event, the National Community Reinvestment Coalition (NCRC) and local community groups called on the Obama Administration to protect and strengthen the affordable housing goals at Fannie Mae and Freddie Mac. NCRC President and CEO

As HUD Asks Americans to “Dare to Own the Dream” of Homeownership, NCRC Calls on Obama Administration to Preserve Affordable Housing Goals Read More »

NCRC Grieves for Orlando Attack Victims

Washington, DC – Today, in reaction to the attack in Orlando, Florida, NCRC President and CEO John Taylor made the following statement: “When someone faces an attack as a result of their sexual orientation, their race, their color, their country of origin, their gender identity, their disability, or their religious beliefs, it is an attack on

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NCRC Applauds Letter from 32 Members of Congress to FHFA Director and Treasury Secretary Urging Adequate Capital at Fannie and Freddie

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

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NCRC Statement on CFPB’s Proposed Rule on Payday and Car Title Lending

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

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Community Groups Call for Recapitalization of GSEs and End to Dividend Payments to U.S. Treasury

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

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