NCRC Statement on Johnson-Crapo Housing Finance Reform Committee Vote

Washington, D.C. – Today, in response to the U.S. Senate Banking Committee’s vote on the Johnson-Crapo housing finance reform legislation, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “The deeply divided committee vote is a clear signal that this bill is dead in the water, and with good reason. […]

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NCRC Statement on FHFA Director Mel Watt’s Remarks at the Brookings Institution

Washington, D.C. – Today, in response to Federal Housing Finance Agency Director Mel Watt’s speech revealing his plans for the future of Fannie Mae and Freddie Mac, including clarifying the rules that require banks to buy back faulty home loans and the entities’ underwriting requirements, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor […]

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NCRC Releases White Paper on Older Adult Financial Exploitation

Washington, D.C. – Today, the National Community Reinvestment Coalition (NCRC) released a white paper on age-friendly banking titled “Empowering Financial Service Providers to Help: Ways the Bank Secrecy Act Can Play a Stronger Role in Detecting and Preventing the Financial Crimes that Exploit Older Adults.” The white paper presents recommendations for actions that law enforcement and […]

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NCRC and AAG Announce Reverse Mortgage Fair Lending Collaboration

Washington, D.C. – Today, the National Community Reinvestment Coalition (NCRC) and American Advisors Group (AAG), the largest reverse mortgage lender in the country, announced a collaboration to focus on fair lending to older adults. NCRC will serve in an advisory role to assist AAG with providing Home Equity Conversion Mortgages (HECMs) to qualified borrowers age […]

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Hundreds of Community Groups Send Letter to Senate Banking Committee Leadership Expressing Concern About Johnson-Crapo Bill

Washington, DC – Today, hundreds of members of the National Community Reinvestment Coalition (NCRC) across the country and other community groups sent a letter to Senate Banking Committee Chairman Tim Johnson and Ranking Member Mike Crapo outlining their concerns with the access provisions in the Johnson-Crapo housing finance reform legislation. The letter, which was signed by […]

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NCRC Statement on the Release of the Johnson-Crapo Housing Finance Reform Bill

Washington, DC – Today, in reaction to the release of a draft housing finance reform bill by Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Johnson and Ranking Member Mike Crapo, NCRC President and CEO John Taylor made the following statement: “While we are encouraged that the Johnson-Crapo draft incorporates elements of a […]

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NCRC Honors 2014 National Achievement Award Winners at Annual Conference

Washington, DC – Today, at the National Community Reinvestment Coalition’s (NCRC) 2014 Annual Conference, NCRC will present its National Achievement Awards. The Awards Dinner will feature addresses from lifetime achievement award recipient Rev. Dr. William Barber II, and NCRC President and CEO John Taylor. Robert Dickerson, Jr., Chair of NCRC’s Board of Directors, will serve […]

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NCRC Applauds Senate Confirmation of Sarah Bloom Raskin as Deputy Treasury Secretary

Washington, DC – Today, in reaction to the Senate’s confirmation of Sarah Bloom Raskin as Deputy Secretary of the U.S. Department of the Treasury, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud the confirmation of Sarah Bloom Raskin as Deputy Secretary of the Treasury Department. During […]

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NCRC Statement on Johnson and Crapo Agreement on Housing Finance Reform

Washington, DC – Today, in reaction to an agreement on housing finance reform released by Senate Banking Committee Chairman Tim Johnson and Ranking Member Mike Crapo, NCRC President and CEO John Taylor made the following statement: “We are encouraged that the principles for housing finance reform agreed upon by Senate Banking Committee Chairman Tim Johnson […]

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Community Organizations to Gather at NCRC Conference

Washington, DC – From March 12 – 15, the National Community Reinvestment Coalition (NCRC) will hold its annual conference, and bring together hundreds of community organizations from across the nation. This year’s conference theme is “A Just Economy: Ideas, Action, Impact.” Featured speakers at this year’s conference include: Senator Elizabeth Warren; Shaun Donovan, Secretary of the […]

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NCRC Testifies Before DC City Council in Support of the Community Development Act of 2013

Washington, D.C. – Today, Josh Silver, Vice President of Research and Policy at the National Community Reinvestment Coalition, testified before the District of Columbia City Council’s Committee on Business, Consumer, and Regulatory Affairs in support of the Community Development Amendment Act of 2013. The Act would require banks bidding on municipal deposits and investments to […]

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NCRC Statement on HR 3193 Vote

Washington, D.C. – Today, in reaction to the House of Representatives passage of HR 3193, the National Community Reinvestment Coalition’s President and CEO John Taylor made the following statement: “It is indefensible that some members of Congress are so committed to protecting banks that they would vote to badly damage the Consumer Financial Protection Bureau […]

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NCRC Reacts to President Obama’s 2014 State of the Union Address

Washington, DC – Today, in response to President Obama’s State of the Union address, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud President Obama for focusing on income inequality and the importance of upward mobility in his State of the Union address. We are pleased that this […]

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NCRC Awarded Grant by Surdna Foundation to Improve Small Business Loan Data

Washington, DC – The National Community Reinvestment Coalition (NCRC) is pleased to announce it has been awarded a generous grant from the Surdna Foundation to develop an education and advocacy campaign publicizing the best approaches for gathering and sharing enhanced data on small business lending. Enhanced data collection, in particular of data on the race […]

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NCRC to Host GSE and Housing Finance Reform Forum

Washington, DC—As the fate of Fannie Mae and Freddie Mac continues to sit in limbo, it remains unclear what the future holds for our system of housing finance. Despite the fact that Fannie Mae and Freddie Mac have played a valuable role in helping to grow the middle class in America, the reform debate has […]

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NCRC Applauds Senate Confirmation of Janet Yellen as Chair of the Federal Reserve

Washington, DC – Today, in reaction to the Senate’s confirmation of Janet Yellen as Chair of the Federal Reserve, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud the confirmation of Janet Yellen as Chair of the Federal Reserve. Not only has she shown a strong commitment […]

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Save the Date: On January 31st, NCRC Presents “Locked Out: What Losing Fannie, Freddie, and the Affordable Housing Goals Will Mean for the American Dream”

You are cordially invited to attend the National Community Reinvestment Coalition’s timely forum on the future of the government sponsored enterprises and housing finance reform called “Locked Out: What Losing Fannie, Freddie, and the Affordable Housing Goals Will Mean for the American Dream.” The event will consist of two panels focused on issues critical to […]

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NCRC Statement on Release of FHA Annual Actuarial Review

Washington, DC – Today, in response to the release of the Federal Housing Administration (FHA)’s annual financial status report to Congress, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “NCRC welcomes the positive news contained in FHA’s actuarial review. The review underscores the strong performance of loans issued after […]

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NCRC Applauds Senate Confirmation of Mel Watt as Director of the FHFA

Washington, DC – Today, in reaction to the Senate’s confirmation of Mel Watt as Director of the Federal Housing Finance Agency (FHFA), National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud the confirmation of Mel Watt as Director of the FHFA. He is a well-qualified, pragmatic leader who […]

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NCRC Releases Report on Capital and Credit Access for Small Businesses in the Appalachian Region

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released a report entitled “Access to Capital and Credit in Appalachia and the Impact of the Financial Crisis and Recession on Commercial Lending and Finance in the Region.” The report, which was commissioned by the Appalachian Regional Commission, and authored by NCRC and Woodstock Institute, […]

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