Letter to Attorney General Eric Holder Regarding Mortgage Settlements
Letter to Attorney General Eric Holder Regarding Mortgage Settlements.
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NCRC Applauds Midland States Bank’s $16.6 Million Commitment to Low- and Moderate-Income Communities and Communities of Color
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded a $16.6 million commitment from Midland States Bank of Effingham, Illinois to low- and moderate-income and minority communities in its footprint. In a conciliation agreement with the St. Louis Equal Housing Opportunity Council brokered by the U.S. Department of Housing and Urban Development (HUD),
NCRC Statement on the Release of 2013 Home Mortgage Disclosure Act Data
Washington, DC – Today, in reaction to the release of 2013 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement: “The Home Mortgage Disclosure Act data for 2013 makes it clear that there is a closing window of opportunity for low- and moderate-income communities and communities of color.
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Affordable Housing Goals State-by-State Benefits
The following charts provide a state-by-state breakdown of how the Government Sponsored Enterprises’ affordable housing goals benefit the entire country. The charts are available for each state as well as in an aggregated document.
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NCRC Names Manuel Hidalgo as Chief Operating Officer
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) is pleased to announce that Manuel Hidalgo has joined the organization as its new Chief Operating Officer (COO). As COO, Mr. Hidalgo will direct and supervise NCRC’s overall business operations. “We are thrilled to welcome Manny Hidalgo to the NCRC team,” said NCRC President and
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NCRC Report Charts Lending Deserts and Oases for U.S. Small Businesses, Reveals Plummet in Access to Loans
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released “Small Business Lending Deserts and Oases,” a breakthrough report on small business lending trends in the United States and disparities in access to credit for small businesses. This is one of the first reports to comprehensively map small business lending “deserts” and small business
NCRC Analysis: Small Business Lending Deserts and Oases
The National Community Reinvestment Coalition (NCRC) analysis “Small Business Lending Deserts and Oases” reports on small business lending trends in the United States and disparities in access to credit for small businesses. The report comprehensively maps small business lending “deserts” and small business lending “oases” in the United States. The report reveals a significant national
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NCRC and Urban Financial of America Announce Reverse Mortgage Fair Lending Collaboration
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and Urban Financial of America, LLC (UFA), one of the largest reverse mortgage lenders in the country, announced a collaboration to focus on fair lending to older adults. NCRC will serve in an advisory role to assist UFA with providing Home Equity Conversion Mortgages (HECMs) to
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NCRC to Host Ohio Reinvestment Summit on September 8 in Cleveland
Washington, DC – On Monday, September 8 the National Community Reinvestment Coalition (NCRC) will host a statewide summit in Cleveland on community reinvestment and neighborhood revitalization in Ohio. The Ohio Reinvestment Summit will feature a keynote address by U.S. Senator Sherrod Brown and include seminars and workshops on community reinvestment, foreclosure prevention, economic revitalization, community development,
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Ohio Reinvestment Summit Schedule of Events
Click here to download the Ohio Reinvestment Summit schedule of events.
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NCRC Community Development Fund Receives $420,000 Award from CDFI Fund
Washington, DC — The National Community Reinvestment Coalition Community Development Fund (NCRC CDF) has been awarded $420,000 from the Community Development Financial Institutions (CDFI) Fund. This week, the CDFI Fund announced that it has awarded more than $160 million to 152 organizations through the FY2014 round of the CDFI program. “The NCRC Community Development Fund
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Reinvestment Works | Summer 2014
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Reinvestment Works | Summer 2014 Read More »
Recommendations to the Consumer Financial Protection Bureau for Implementing Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
Today, the National Community Reinvestment Coalition (NCRC) released “Recommendations to the Consumer Financial Protection Bureau for Implementing Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010,” a white paper presenting recommendations on the collection and public availability of small business loan data from financial institutions. In the white paper, NCRC
NCRC Releases White Paper on Improving the Quality and Accessibility of Small Business Loan Data
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released “Recommendations to the Consumer Financial Protection Bureau for Implementing Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010,” a white paper presenting recommendations on the collection and public availability of small business loan data from financial institutions. “The collection
Coalition of Community Groups Challenges Valley National Bank Merger Based on Lending Concerns
Washington, DC – Today, a coalition of community groups led by the National Community Reinvestment Coalition (NCRC) came together to oppose the proposed merger between New Jersey-based Valley National Bank and Florida-based 1st United Bank. In a letter to the Office of the Comptroller of the Currency (OCC), which is evaluating the proposed merger, the