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In a letter to the Senate Banking Committee, NCRC and 29 member groups urged confirmation of Bloom Raskin, Dr. Lisa Cook and Dr. Phillip Jefferson as Federal Reserve Board governors. The committee is scheduled to consider all three nominations in a hearing Thursday, Feb. 3.
NCRC Urges Senate To Confirm Bloom Raskin, Cook And Jefferson to Federal Reserve Board Read More »
Meet Gregory Dyson, NCRC’s new Chief Operating Officer! As COO, he will be instrumental in developing NCRC’s strategic priorities and all of the organization’s day-to-day operations.
NCRC Hires Gregory Dyson as COO Read More »
New York Community Bancorp, Inc. (NYCB) and the National Community Reinvestment Coalition (NCRC) announced today the company’s commitment to provide $28 billion in loans, investments and other financial support to communities and people of color, low- and moderate-income (LMI) families and communities, and small businesses.
The National Community Reinvestment Coalition (NCRC) today submitted a letter to the Federal Deposit Insurance Corporation (FDIC) to express support from its members to introduce a Request for Comments to review the agency’s bank merger approval framework, and called on the Office of the Comptroller of the Currency and the Federal Reserve Board to do the same.
While 2020 was disastrous for millions of Americans impacted by the coronavirus, the mortgage industry was in overdrive as interest rates dropped to levels not seen since the housing crash of 2009. In a new report, the National Community Reinvestment Coalition (NCRC) found that the explosion of refinance lending reinforced historical patterns of disinvestment in
President Biden today nominated former Treasury Department Deputy Secretary Sarah Bloom Raskin to serve as the Vice Chair for Supervision of the Federal Reserve Board and Lisa Cook and Philip Jefferson as Governors.
The Just Economy Conference is the national event for community, policy, government, business and foundation leaders working toward a just economy that not only promises but delivers to all Americans opportunities to build wealth and live well.
Call for Submissions: Speak at the 2022 Just Economy Conference Read More »
The National Community Reinvestment Coalition (NCRC) submitted this week a detailed comment to the Consumer Financial Protection Bureau (CFPB) for its proposed rule on reporting and disseminating small business loan data required by Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
NCRC submits comment to the CFPB on Section 1071 Proposed Rule Read More »
hief Financial Officer. He will play a key role in advancing NCRC’s strategic priorities, including building organizational resiliency through the combined power of people and systems.
NCRC Hires Adnan Bokhari as Executive Vice President and CFO Read More »
Today, in response to the OCC’s rescission of the rule, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC) agreed to dismiss their lawsuit challenging the rule.
Community Reinvestment Groups Commend Repeal of Disastrous Trump-era CRA Rule Changes Read More »
As acting-director of the FHFA, Thompson has already taken important steps to renew commitment to the affordable housing mission of the GSEs, including a new goal-focused exclusively on communities of color.Â
NCRC Supports Nomination of Sandra Thompson as FHFA Director Read More »
Getting the disastrous 2020 CRA rule fully rescinded was a hard-fought battle that involved comments from hundreds of our members across the nation and this is a huge victory for them and their communities. We’re relieved and welcome this action today from the OCC.Â
NCRC Welcomes OCC Final Rule to Rescind its Disastrous 2020 CRA Rule Read More »
Some banks and other lenders have gotten away for too long with racial discrimination and bias in lending.
NCRC welcomes FDIC review of bank merger guidelines Read More »
Gusto, an all in one payroll and HR platform, has joined the National Community Reinvestment Coalition’s (NCRC) Innovation Council for Financial Inclusion.
Gusto Joins NCRC’s Innovation Council for Financial Inclusion Read More »
Today, the US House of Representatives passed the $1.7 trillion Build Back Better Act which includes significant investments in social spending and supports programs to fight climate change.Â
NCRC Commends House for Passage of Biden’s Historic Build Back Better Act Read More »
