NCRC

Commercial Observer, March 28, 2022, Bank Branches, Once Retail Staple, Closing by the Hundreds “There’s a surprising lack of information and data on how many branches banks really need right now,” said Jason Richardson, senior director of research at the National Community Reinvestment Coalition (NCRC), which recently released a report digging into bank branch trends and their […]

HousingWire, March 29, 2022, Inside the government’s feeble fight to end redlining Few community groups have the firepower of NCRC, which brought in nearly $40 million in revenue in 2020, in part from renting out two office buildings in downtown Washington, D.C.. But NCRC acknowledges it can only make a limited mark on combating lending discrimination. One

VitalLaw, March 28, 2022, CONSUMER CREDIT—CFPB receives public comments on ‘buy now, pay later’ programs The Consumer Bankers Association (CBA) and the National Community Reinvestment Coalition (NCRC) have responded to the Consumer Financial Protection Bureau’s request for public comment on “buy now, pay later” (BNPL) products and business practices. BNPL credit is a deferred payment

US Department of Housing and Urban Development, March 24, 2022, What They are Saying: Stakeholders, Advocates, Elected Officials Applaud Property Appraisal and Valuation Equity Task Force Action Plan National Community Reinvestment Coalition (NCRC) General Counsel Brad Blower and Senior Director of Policy Megan Haberle: Today the Interagency Task Force on Property Appraisal and Valuation Equity

The GW Hatchett, March 28, 2022, DC mayoral candidate talks campaign, future of DC D.C. mayoral candidate and at-Large Council member Robert White discussed his campaign and plans for the city in the University Student Center Thursday. White, a fifth-generation D.C. resident, outlined many of his goals as mayor, including lowering homicide rates, combating poverty

The Miami Herald, March 26, 2022, They didn’t pay a hitman with the cash. Why aren’t more minority PPP loans in Miami being forgiven? | Editorial There have been headline-making abuses of federal Paycheck Protection Program loans in South Florida, known for years as the fraud capital of the nation. There’s evidence of bias from

Shelterforce, March 24, 2022, Say It With Your Chest: Race Matters in Lending For decades, the federal Equal Credit Opportunity Act has allowed banks to offer special mortgage programs specifically for “disadvantaged” homebuyers. The law creates an exception to anti-discrimination rules so banks can boost their lending to people of color and other underserved groups

The Final Call, March 23, 2022, Redlining’s legacy endures as 45 million Americans breathe polluted air: Study More than half a century after the official end of discriminatory redlining, 45 million people across the United States—overwhelmingly in communities of color—are exposed to elevated levels of illness-inducing air pollution, a study published March 9 affirmed. Although redlining