John Taylor on Bloomberg News | Jun 9, 2011
John Taylor on Bloomberg News | Jun 9, 2011 Read More »
Congressman Barney Frank Joins NCRC & Other Community Groups, Calling on Federal Reserve to Hold Public Hearings on Capital One Acquisition of ING Direct
Washington, DC — Today, ranking member Barney Frank of the House Financial Services Committee sent a letter to Federal Reserve Board Chairman Ben Bernanke supporting the National Community Reinvestment Coalition (NCRC) and over a dozen other civil rights and consumer organization’s call for public hearings and an extended comment period on the Capital One acquisition
National Neighbors | FHIP Initiatives
As part of NCRC’s mission to end discrimination and to increase fair and equal access to credit and capital for underserved communities, NCRC’s National Neighbors program conducts fair housing testing and investigation for government agencies, municipalities and other interested organizations. Fair Housing Organization Initiative Through the Fair Housing Initiative Program under a Fair Housing Organization
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Letter to Federal Reserve on Capital One Acquisition
Download NCRC’s August 16, 2011 letter to the Federal Reserve
Letter to Federal Reserve on Capital One Acquisition Read More »
National Groups Call for Public Hearings and Extended Comment Period on Capital One Proposed Acquisition of ING Direct
Washington, DC — The undersigned national consumer, community, housing and civil rights organizations today made this statement regarding Capital One’s proposal to purchase ING Direct: “We strongly support extending the comment period on the acquisition by at least 60 days and holding public hearings in at least 5 major cities which will cover the impact of
NCRC Applauds Efforts to Develop Disposition Plan for Foreclosed Homes
Washington, DC — The National Community Reinvestment Coalition (NCRC) today applauded the announcement by the Obama Administration of a developing plan to put vacant and abandoned properties owned by Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) back to productive use as affordable housing. John Taylor, President & CEO of NCRC, made this
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Capital One / ING Direct Acquisition
Background on Capital One / ING Acquisition The National Community Reinvestment Coalition (NCRC) announced that it will oppose the Capital One acquisition of ING Direct USA, citing serious concerns about the impact of the deal on consumers, communities and the economy. The deal would make Capital One the fifth largest bank in the United States.
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NCRC Opposes Capital One Deal
Calls for Federal Reserve to Hold Public Hearings and Extend Comment Period on Capital One Acquisition of ING Direct USA Washington, DC — The National Community Reinvestment Coalition (NCRC) announced today that it will oppose the Capital One acquisition of ING Direct USA, citing serious concerns about the impact of the deal on consumers, communities
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NCRC Request to Bernanke to Hold Public Hearings on Capital One Deal
July 25, 2011 — NCRC head John Taylor wrote Federal Reserve Board Chairman Ben Bernanke to request that the Federal Reserve hold public hearings in five cities and extend the comment period on the Capital One acquisition of ING Direct USA, citing serious and pervasive concerns about the deal. Download the Letter
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2012 NCRC Annual Conference
SAVE THE DATE! April 18 – 21, 2012 | Washington Court Hotel | Washington, DC Registration is OPEN for the 2012 NCRC Annual Conference, April 18-21 in Washington, DC! This multi-day gathering brings together hundreds of community leaders, development experts, bankers, legislators, regulators, academics and others. The conference is our premier training and networking event
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NCRC Supports Richard Cordray to Head the Consumer Financial Protection Bureau
Washington, DC — President Obama is expected today to nominate the former Ohio state Attorney General Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). In 2010, the National Community Reinvestment Coalition (NCRC) gave Cordray its prestigious Henry B. Gonzalez Award for outstanding public service, noting that he was a “shining example for state
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White Paper: Impact of QRM on Home Opportunity in America
The Impact of the Proposed Qualified Residential Mortgage Definition on Home Opportunity in America Financial institutions will be exempt from the 5 percent risk retention requirement on certain types of mortgages, known as Qualified Residential Mortgages (QRMs). QRMs contain loan terms and practices that the regulatory agencies have determined are less likely to end up
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