Washington, DC – Today, in response to the announcement by the Federal Housing Finance Agency (FHFA) that it would begin setting aside and allocating funds to the National Housing Trust Fund and Capital Magnet Fund, the National Community Reinvestment Coalition (NCRC)’s President and CEO John Taylor made the following statement: “We applaud the FHFA for […]
Washington, DC – Today, in response to the announcement of enhancements to the Home Affordable Modification Program (HAMP) by the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development, the National Community Reinvestment Coalition (NCRC)’s President and CEO John Taylor made the following statement: “NCRC applauds the Treasury Department and
NCRC Applauds Enhancements to Home Affordable Modification Program Read More »
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Reinvestment Works | Fall 2014 Read More »
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded the Washington, DC City Council’s passage of a responsible banking ordinance, which will require banks bidding on municipal deposits and investments to submit community development plans describing the loans, investments, and bank services they would provide to minority and modest-income neighborhoods. “We applaud the
NCRC Applauds Passage of Community Development Amendment Act in Washington, DC Read More »
Comment Letter on Proposed Changes to Interagency Questions and Answers on the Community Reinvestment Act.
NCRC CRA Q&A Issue Brief. The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation (the “Agencies”) recently released a proposed update to the Community Reinvestment Act Q&A. The Agencies regularly review examination policies, procedures, and guidance to better serve the goals of CRA. Following the publication
Summary: Proposed Changes to CRA Q&A Read More »
Washington, DC – Mitria Wilson, NCRC Director of Legislative and Policy Advocacy, has been named as one of HousingWire’s 2014 Influential Women in Housing. “I am incredibly honored to be selected as one of HousingWire’s 2014 Women of Influence and equally grateful to NCRC’s staff and CEO, John Taylor, for their team effort in
Comment Letter on Proposed Home Mortgage Disclosure Act Data Rule.
Comment Letter on Proposed Home Mortgage Disclosure Act Data Rule Read More »
Letter to FHFA Director Melvin Watt Regarding Proposed Enterprise Housing Goals.
NCRC Comment Letter on FHFA Proposed Enterprise Housing Goals Read More »
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and other consumer advocacy organizations submitted a joint comment letter to the Consumer Financial Protection Bureau (CFPB) regarding the proposed modifications to Regulation C, which will implement changes to the Home Mortgage Disclosure Act (HMDA). The letter applauds the expanded collection of data elements and
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) submitted a comment letter on the Federal Housing Finance Agency’s proposed 2015-2017 Enterprise Housing Goals. “The affordable housing goals proposed by FHFA fall far short of what will be needed to ensure that all creditworthy Americans have access to mortgages,” said NCRC President and CEO
NCRC Calls for Strengthening of FHFA’s Proposed Affordable Housing Goals Read More »
Washington, DC – Today, in reaction to the adoption of a final credit risk retention rule by federal regulators, NCRC President and CEO John Taylor made the following statement: “We are pleased that regulators have aligned the definition of a Qualified Residential Mortgage with the definition of a Qualified Mortgage, and that the final rule
NCRC Statement on Final QRM Rule Read More »
National Community Reinvestment Coalition Inc Support NCRC while you shop! NCRC is now a registered member of AmazonSmile. When you shop using AmazonSmile, you can select NCRC as the charity of your choice and Amazon will automatically donate .5% of your qualified* purchase to NCRC. Here’s how it works: 1. Click here to
NCRC on AmazonSmile Read More »
Washington, DC – Today, in response to Federal Housing Finance Agency (FHFA) Director Mel Watt’s announcement that FHFA has revised and clarified the Representation and Warranty framework, and will be developing new guidelines for mortgages with loan-to-value ratios between 95 and 97 percent, NCRC President and CEO John Taylor made the following statement: “We applaud
NCRC Statement on FHFA Effort to Expand Credit Access Read More »
What does a strong community mean to you? Please consider supporting NCRC as we build strong communities. Our CFC # is 12631. [CFC LOGO] The National Community Reinvestment Coalition (NCRC) is an association of more than 600 community-based organizations that promote access to basic banking services including credit and savings to create and sustain affordable
