NCRC

NCRC Statement on Updates to Common Securitization Platform

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to updates to the Common Securitization Platform released by the Federal Housing Finance Agency (FHFA), NCRC President and CEO John Taylor made the following statement: “The potential that the Common Securitization Platform (CSP) will be opened up in the future to entities other than government-sponsored enterprises — Fannie Mae […]

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NCRC Reacts to HUD’s New Proposed Revisions to Lender Certification for FHA-Insured Mortgages

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the U.S. Department of Housing and Urban Development’s (HUD) new proposed revisions to the loan-level certifications made by lenders on mortgages insured by the Federal Housing Administration (FHA), the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “The proposed revisions are a

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NCRC Applauds Letter From 84 Members of Congress Pressing CFPB on Small Business Lending Data

By / / Press Releases / 4 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded a letter sent by 84 Members of the U.S. House of Representatives, led by Representatives Donald Payne, Jr. (D-NJ) and Chris Van Hollen (D-MD), to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small

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NCRC Reacts to Final Affordable Housing Goals Issued by Federal Housing Finance Agency

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in response to the Federal Housing Finance Agency’s (FHFA) release of its final affordable housing goal rule for Fannie Mae and Freddie Mac for 2015-2017, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The affordable housing goal rule announced by FHFA today falls short of

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NCRC Statement on Court Ruling to Overturn New York City’s Responsible Banking Act

By / / Press Releases / 3 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) reacted in disappointment to the ruling by U.S. District Judge Katherine Polk Failla overturning New York City’s Responsible Banking Act in The New York Bankers Association v. The City of New York. The Responsible Banking Act is one of several responsible banking ordinances that U.S.

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NCRC Statement in Opposition to Shelby Provisions in Appropriations Bill

By / / Press Releases / 3 minutes of reading

Washington, DC — Today, in reaction to the incorporation of Senator Richard Shelby’s financial deregulation bill and language submitting the CFPB to annual appropriations into appropriations legislation, NCRC President and CEO John Taylor made the following statement: “It is deeply disturbing that on the week of the fifth anniversary of the Dodd-Frank Act, some members

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NCRC Statement on the OCC Approval of OneWest-CIT Merger

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in response to the Office of the Comptroller of the Currency’s (OCC) conditional approval of the merger between OneWest Bank and CIT Bank, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “It is a positive sign that the regulator held public hearings on this

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NCRC Applauds Senate and House Letters Pressing CFPB on Small Business Loan Data

By / / Press Releases / 4 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded 19 U.S. Senators and 13 Members of the House of Representatives Financial Services Committee for sending letters to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small business loan data. Section 1071 of the

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NCRC Applauds Final Affirmatively Furthering Fair Housing Rule

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the U.S. Department of Housing and Urban Development’s release of the final Affirmatively Furthering Fair Housing rule, NCRC President and CEO John Taylor made the following statement: “We are very pleased that HUD has issued a final Affirmatively Furthering Fair Housing rule. This rule is a huge step forward

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NCRC, National Groups Ask Senate to Press CFPB on Small Business Loan Data

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, 19 national consumer and civil rights groups led by the National Community Reinvestment Coalition (NCRC) sent letters to members of the U.S. Senate asking them to sign on to Senator Cory Booker’s letter urging the Consumer Financial Protection Bureau (CFPB) to issue rulemaking on small business loan data. Section 1071 of

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NCRC Reacts to Supreme Court Decision Upholding Use of Disparate Impact Analysis in Fair Housing

By / / Press Releases / 1 minute of reading

Washington, DC – Today, in response to the U.S. Supreme Court’s decision in Texas Department of Housing and Community Affairs v. The Inclusive Communities Project upholding the use of disparate impact analysis in the enforcement of the Fair Housing Act, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement:

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