NCRC Comment Letter on Proposed Changes to Interagency Questions and Answers on the Community Reinvestment Act
Comment Letter on Proposed Changes to Interagency Questions and Answers on the Community Reinvestment Act.
Summary: Proposed Changes to CRA Q&A
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
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NCRC Director of Legislative and Policy Advocacy Mitria Wilson Selected as One of HousingWire’s 2014 Influential Women in Housing
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.
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NCRC Comment Letter on FHFA Proposed Enterprise Housing Goals
Letter to FHFA Director Melvin Watt Regarding Proposed Enterprise Housing Goals.
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Consumer Advocacy Groups Submit Comment on the CFPB’s Proposed Home Mortgage Disclosure Act Data Rule
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
NCRC Calls for Strengthening of FHFA’s Proposed Affordable Housing Goals
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
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NCRC Statement on Final QRM Rule
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
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NCRC on AmazonSmile
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
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NCRC Statement on FHFA Effort to Expand Credit Access
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
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CFC
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
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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