Amicus Brief Opposes OCC Charter That Would Aid Predatory Lenders

The Center for Responsible Lending, National Consumer Law Center, and National Community Reinvestment Coalition filed an amicus brief today in Lacewell v. Office of the Comptroller of the Currency (OCC), in support of the plaintiff, the New York State Department of Financial Services (DFS), against the OCC’s plan to issue “special purpose national bank” charters to nonbank lenders. 

Read More »

Magdalena Mysliwiec

Membership Engagement Specialist mmysliwiec@ncrc.org 202.464.2712 Magdalena Mysliwiec is NCRC’s Membership Engagement Specialist, joining in 2020. Magdalena will grow NCRC’s membership program and support its members in expanding ways to meet member goals in the context of NCRC’s mission to create opportunities for people to build wealth. Magdalena has her Master of City and Regional Planning

Read More »

Letter to Congress: Letter from over 50 groups in support of mortgage relief in next covid-19 relief package

July 28, 2020  Majority Leader Mitch McConnell United States Senate Washington, DC 20510  Minority Leader Chuck Schumer United States Senate Washington, DC 20510  Chairman Mike Crapo Senate Committee on Banking, Housing and Urban Development Washington, DC 20510  Ranking Member Sherrod Brown Senate Committee on Banking, Housing and Urban Development Washington, DC 20510  Re: Support for

Read More »

NCRC Proposal for Underserved Tracts Would Increase Lending in Communities of Color by Billions of Dollars

Executive Summary NCRC proposes to add underserved census tracts as a criterion on component tests on CRA exams. NCRC identifies underserved tracts as those that receive low levels of lending per housing units and small businesses. A significant portion of these tracts are predominantly minority. NCRC estimated that adding these tracts on CRA exams would

Read More »

Charlotte – Fair Lending Report

Instructions for use: This is an interactive report. Please use the tiles at the top to page forward.      Questions: Jason Richardson Director, Research & Evaluationjrichardson@ncrc.org 202-464-2722

Read More »

Winston-Salem – Fair Lending Report

Instructions for use: This is an interactive report. Please use the tiles at the top to page forward.      Questions: Jason Richardson Director, Research & Evaluationjrichardson@ncrc.org 202-464-2722

Read More »

Raleigh NC – Fair Lending Report

Instructions for use: This is an interactive report. Please use the tiles at the top to page forward.      Questions: Jason Richardson Director, Research & Evaluationjrichardson@ncrc.org 202-464-2722

Read More »

Federal Regulators Should Refrain From Making a True Lender Rule

In the coming weeks, we expect the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to propose a rule for the “true lender” doctrine, an act that will have a negative impact on the ability of states to protect their residents from high-cost lending.

Read More »

COVID-19 and the CFPB Consumer Complaint Database

Local businesses are devastated and state agencies overwhelmed as people stay at home to preserve their health and apply for government assistance to maintain financial solvency. An unexpected side effect of this was a simultaneous increase in consumer complaints filed with the Consumer Finance Protection Bureau (CFPB).

Read More »