Mortgage Reform Critical to Restoring Trust and Integrity to the Financial System
FOR IMMEDIATE RELEASE Contact: Jesse Van Tol (202) 464-2709 April 23, 2009 jvantol@ncrc.org Mortgage Reform Critical to Restoring Trust and Integrity to the Financial System Washington, DC –Today the National Community Reinvestment Coalition (NCRC) will testify before the House Financial Services Committee on H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act
John Taylor, NCRC president and CEO, testifies before the House Committee on Financial Services
Click here to read NCRC’s testimony Click here to read the press release
Massive Foreclosures Continue to Fuel Recession
Baltimore Sun Features NCRC Chief Operating Officer Jim Carr and HELP Now!
Click here to read portions of Jim Carr’s speech at the University of Baltimore Law School that was featured in the Baltimore Sun. His speech focuses on the foreclosure crisis and using NCRC’s HELP Now proposal to accomplish broad-scale modification of troubled loans.
Past Policy Campaigns
Past Policy Campaigns consist of: National Day of Action The Road to Economic Recovery Divided We Fail
NCRC Interactive Discussion on “Restoring Trust and Integrity to the Financial System”
Watch NCRC members and a leading panel of experts, including Robert Kuttner, who helped draft the Community Reinvestment Act, discuss the state of the national economy and the need for comprehensive legislative measures to stem the foreclosure crisis, eliminate reckless and irresponsible lending practices, and restore trust and integrity to the financial system. Moderated
“Spotlight: Webcast on ‘Closing the Racial Wealth Gap’”
Watch Jim Carr, NCRC chief operating officer, with moderator Mary Jo Walsh.
Watch Jim Carr, NCRC’s chief operating officer, on Fox Business News
An Equal Opportunity Recession?
Click here to read NCRC chief operating officer Jim Carr’s op-ed "An Equal Opportunity Recession?" — which earned top-placement on Reuters and has already sparked a healthy debate among its readers. Respond to Jim’s op-ed by visiting reuters.com and/or posting to NCRC’s recently launched Reinvestment Works…the blog.
Restoring Accountability in the Financial System
Rep. Eddie Bernice Johnson to Introduce the CRA Modernization Act of 2009 at NCRC conference “Roadmap to a Financially Inclusive Society”
Preventing the Next Foreclosure Crisis
Congressional action required to purge reckless and irresponsible lending practices from the marketplace
Testimony: “Mortgage Lending Reform: A Comprehensive Review of the American Mortgage System”
David Berenbaum, NCRC executive vice president, testifies before the US House of Representatives Subcommittee on Financial Institutions and Consumer Credit Click here to read the press release
NCRC Policy Recommendations for Member Visits to Capitol Hill
NCRC Policy Recommendations for Economic Recovery NCRC Policy Recommendations for Economic Recovery – Hill Packet 2009
President Obama’s Foreclosure Mitigation Initiative “The Homeowner Affordability and Stability Plan”
Homeowner Affordability and Stability Plan Executive Summary Homeowner Affordability and Stability Plan Fact Sheet Helping Homeowners Under the Homeowner Affordability and Stability Plan: Three Cases Homeowner Affordability and Stability Plan Questions and Answers
Obama Administration Takes Major Step Forward To Address Foreclosure Crisis
Announcement!
Special Opportunity for NCRC Members! Become a Certified HUD-Approved Counseling Agency Applicant Checklist
NCRC’s Meeting with Secretaries Geithner and Donovan to Discuss Modifying Mortgages in Jeopardy
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NCRC Testimony: Supporting the Introduction of H.R. 703
NCRC Maintains the Need for the Creation of a Broader-Scale Loan Modification to Stem the Foreclosure Crisis