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Policy

Articles about NCRC policy issues.

Letter from US Senators Sherrod Brown, Cory A. Booker, Benjamin L. Cardin, Ron Wyden, Richard J. Durbin asking for a strong Section 1071 rule

(Download) The Honorable Rohit Chopra Director Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Re: Dodd-Frank Section 1071 Rulemaking Dear Director Chopra: Thank you for the opportunity …

Letter from US Senators Sherrod Brown, Cory A. Booker, Benjamin L. Cardin, Ron Wyden, Richard J. Durbin asking for a strong Section 1071 rule Read More »

Letter of support for Dave Uejio as Assistant Secretary for Fair Housing and Equal Opportunity, Department of Housing and Urban Development

August 4, 2021 The Honorable Sherrod Brown Chair, U.S. Senate Committee on Banking, Housing, and Urban Affairs 534 Dirksen Senate Office Building Washington, DC 20510 The Honorable Pat Toomey Ranking …

Letter of support for Dave Uejio as Assistant Secretary for Fair Housing and Equal Opportunity, Department of Housing and Urban Development Read More »

Myths and Facts: A review of Otting testimony on proposed changes to the Community Reinvestment Act

The Comptroller of the Currency, Joseph M. Otting, submitted testimony in advance of his appearance before the House Financial Services Committee on Jan. 29, 2020. His testimony cited and challenged NCRC’s analysis of a proposal to overhaul rules that enforce the Community Reinvestment Act. This is NCRC’s response to Otting’s testimony.

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Increasing community development financing data a necessary component for CRA reform

Data on community development lending and investing is lacking on a census tract level, making the information incomplete and difficult to assess. However, this is not the case for home mortgage lending data and small business loan data. If the federal regulatory agencies truly want to reform CRA, the first place to start is with better data. It would be a win-win for both banks and community organizations by facilitating identification of underserved areas. It would also further CRA’s objectives of directing access to credit and capital where it is needed most.

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