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NCRC

Responsible Banking Ordinances

By / / Uncategorized / 1 minute of reading

Background on Local Responsible Banking Ordinances Local responsible banking ordinances are laws designed to ensure responsible loans, investments, and services for modest-income and minority neighborhoods. The ordinances require an evaluation of financial institution performance in serving modest-income and minority neighborhoods as part of the criteria for deciding which institutions receive municipal deposits and other city […]

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NCRC to Testify Before Congress on Need to Reform Appraisal Process

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, David Berenbaum, Chief Program Officer of the National Community Reinvestment Coalition (NCRC), will testify in a hearing before the Congressional Subcommittee on Insurance, Housing, and Community Opportunity. In the hearing, entitled Appraisal Oversight: The Regulatory Impact on Consumers and Businesses, NCRC will call upon Congress to enact a series of reforms

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NCRC Testifies on Appraisal Oversight before House Financial Services Committee

By / / Testimony & Regulatory Comments / 1 minute of reading

The time has come for members of Congress, the prudential regulators, the Appraisal Subcommittee and the Consumer Financial Protection Bureau to work collaboratively to ensure that consumers and all the industry stakeholders involved in the home buying and refinance process will benefit from a system of regulation that helps ensure the independence and integrity of the appraisal process. These efforts will promote equal access to responsible and sustainable credit and a robust mortgage marketplace that meets our nations immediate housing finance needs.

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GROWTH Initiative Announced by President Clinton at CGI America

By / / Press Releases / 5 minutes of reading

Generating Real Opportunities for Work Transforming Housing Initiative Announced by President Clinton at Clinton Global Initiative America Meeting Washington, DC – The National Community Reinvestment Coalition (NCRC) and its principal partners, including Chicanos Por La Causa (CPLC), NALCAB—National Association for Latino Community Asset Builders and the AFL-CIO Building and Construction Trades Department (BCTD), introduced today

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NCRC to Kick Off New Initiative with The National Minority Angel Network

By / / Press Releases / 3 minutes of reading

New York City, NY — This month, the National Community Reinvestment Coalition’s (NCRC) New York City Minority Business Center will begin a working collaboration with the National Minority Angel Network (NMAN), a new organization dedicated to fostering investment in minority-led and owned start-up businesses. To kick off this new collaborative initiative to connect minority-led and

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NCRC to Hold Senior Services Fair in Washington, DC

By / / Press Releases / 2 minutes of reading

Washington, DC — Tomorrow, in honor of Older Americans month, the National Community Reinvestment Coalition (NCRC) will hold a senior services fair in Washington, DC. At this event, NCRC will provide information to older Americans about loan modifications, changes to modification programs, housing scams and fraud specifically targeting seniors. Attendees will also be provided with a

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NCRC Lauds Passage of Responsible Banking Ordinances In NY and LA

By / / Press Releases / 2 minutes of reading

Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) applauded the passage of responsible banking ordinances in New York City and Los Angeles, and commended the Association for Neighborhood and Housing Development (ANHD), an NCRC member organization, and Los Angeles City Councilmember Richard Alarcón for their efforts advancing the initiatives. “This is a beacon

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The 2012 NCRC Annual Conference is in the Books! Sample

By / / Press Releases / 3 minutes of reading

brainstorm picThe 2012 annual conference was a tremendous success! Over 600 attendees, over 90 speakers, and a bounty of great workshops. Now you are back in the office, all settled in and excited about the information and best practices you’ve learned during the conference. Now what? What do you do with all that information swirling around in your head or scribbled on your iPad? Here are some tips on how to bring that conference experience full circle and share the valuable information you’ve learned with your colleagues and community.

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Following Report On Bank Pullout From Low Income Areas, NCRC Calls On Regulators To Take Action

By / / Press Releases / 2 minutes of reading

Washington, DC — In the wake of a troubling new report from SNL Financial showing major banks pulling out from low-income areas, the National Community Reinvestment Coalition (NCRC) has called for banking regulators to investigate the trend and take action. The SNL Financial report, entitled “Banks follow the money and exit lower-income areas,” finds that

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NCRC Files CFPB & FTC Complaints Against Adrian Cronauer of Good Morning Vietnam Fame

By / / Press Releases / 2 minutes of reading

Washington, DC — The National Community Reinvestment Coalition (NCRC) has filed complaints with the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) against Adrian Cronauer and the Cronauer Law Center. Mr. Cronauer, who is best known as the radio disc jockey who inspired Robin Williams’ character in the film Good Morning Vietnam, now

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