NCRC Grieves for Orlando Attack Victims

Washington, DC – Today, in reaction to the attack in Orlando, Florida, NCRC President and CEO John Taylor made the following statement: “When someone faces an attack as a result of their sexual orientation, their race, their color, their country of origin, their gender identity, their disability, or their religious beliefs, it is an attack on […]

Read More

NCRC Applauds Letter from 32 Members of Congress to FHFA Director and Treasury Secretary Urging Adequate Capital at Fannie and Freddie

Washington, DC – Today, the National Community Reinvestment Coalition applauded a letter from 32 Members of Congress to FHFA Director Mel Watt, and Treasury Secretary Jack Lew, urging them to ensure that Fannie Mae and Freddie Mac are adequately capitalized. NCRC members first introduced and urged Members of Congress to sign on to this letter at […]

Read More

NCRC Statement on CFPB’s Proposed Rule on Payday and Car Title Lending

Washington, DC – Today, in response to the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rule to protect consumers from abusive payday and car title loans, NCRC President and CEO John Taylor made the following statement. “We applaud the CFPB for proposing a rule that sensibly includes consideration of a borrower’s ability to repay […]

Read More

Community Groups Call for Recapitalization of GSEs and End to Dividend Payments to U.S. Treasury

Washington, DC – Today, NCRC together with other consumer groups, homebuilders and small lenders sent a letter to Mel Watt, Director of the Federal Housing Finance Agency, expressing concern that the capital buffers of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will soon be depleted as a result of the Preferred Stock Purchase […]

Read More

Huntington Bank and National Community Reinvestment Coalition Announce $16.1 Billion Community Development Plan

Washington, DC – Today, in an agreement reached with the National Community Reinvestment Coalition (NCRC) and its community-based members and allies across the Midwest, Huntington Bancshares Inc. announced a commitment of $16.1 billion for community development, including lending and investments, over a five-year period. Huntington’s Community Development Plan, set to begin in 2017, includes mortgage […]

Read More

NCRC Makes Recommendations to Improve Performance Context Analysis in Community Reinvestment Act Exams

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released a white paper describing the importance of Community Reinvestment Act (CRA) exam performance context analysis, reviewing current implementation of the analysis, and prescribing improvements. The paper, “CRA Performance Context: Why it is Importance for Community Development and How to Improve it,” shows that current […]

Read More