NCRC, NAACP, LULAC Call on Obama Administration to Recapitalize, Continue Reforms of Fannie and Freddie

Washington, DC – Today, several national groups sent a letter to President Obama urging the Administration to rethink its position on the recapitalization of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and calling for their continued reform. The letter is in response to comments last week from Jacob Lew, Secretary of the U.S. Department […]

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NCRC Applauds Final Home Mortgage Disclosure Act Data Rule

Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s release of a final rule regarding modifications to Regulation C, which will implement changes to the Home Mortgage Disclosure Act (HMDA), NCRC President and CEO John Taylor made the following statement: “This expansion of Home Mortgage Disclosure Act data is a very positive […]

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NCRC Celebrates Anniversary of the Signing of the Community Reinvestment Act

Washington, DC – Today, on the anniversary of the date the Community Reinvestment Act (CRA) was signed into law by President Jimmy Carter in 1977, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The signing of the Community Reinvestment Act into law was a critically important moment for economic […]

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Community Organizations to Hold Reinvestment Summit in Baltimore

Baltimore, MD – On Monday, September 28 the National Community Reinvestment Coalition (NCRC) will host a statewide summit in Baltimore on community reinvestment and neighborhood revitalization in Maryland. The Maryland Reinvestment Summit will feature keynote addresses by U.S. Congressman Elijah Cummings and Benjamin Jealous, Partner at Kapor Capital. The Summit will include seminars and workshops […]

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NCRC Statement on the Release of 2014 Home Mortgage Disclosure Act Data

Washington, DC – Today, in reaction to the release of 2014 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement:“The Home Mortgage Disclosure Act data release for 2014 illustrates a disturbing and highly problematic trend with hard numbers: opportunities for homeownership are still very limited. Particularly in low- […]

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NCRC Statement on Updates to Common Securitization Platform

Washington, DC – Today, in reaction to updates to the Common Securitization Platform released by the Federal Housing Finance Agency (FHFA), NCRC President and CEO John Taylor made the following statement: “The potential that the Common Securitization Platform (CSP) will be opened up in the future to entities other than government-sponsored enterprises — Fannie Mae […]

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NCRC Reacts to HUD’s New Proposed Revisions to Lender Certification for FHA-Insured Mortgages

Washington, DC – Today, in reaction to the U.S. Department of Housing and Urban Development’s (HUD) new proposed revisions to the loan-level certifications made by lenders on mortgages insured by the Federal Housing Administration (FHA), the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “The proposed revisions are a […]

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NCRC Applauds Letter From 84 Members of Congress Pressing CFPB on Small Business Lending Data

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded a letter sent by 84 Members of the U.S. House of Representatives, led by Representatives Donald Payne, Jr. (D-NJ) and Chris Van Hollen (D-MD), to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small […]

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NCRC Reacts to Final Affordable Housing Goals Issued by Federal Housing Finance Agency

Washington, DC – Today, in response to the Federal Housing Finance Agency’s (FHFA) release of its final affordable housing goal rule for Fannie Mae and Freddie Mac for 2015-2017, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The affordable housing goal rule announced by FHFA today falls short of […]

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NCRC Mourns the Passing of Julian Bond

Washington, DC –  Today, in reaction to the passing of civil rights leader Julian Bond, NCRC President and CEO John Taylor made the following statement: “We have lost one of the great leaders of the civil rights movement and a great man. Julian Bond was an ever-present voice of fairness and reason. He will be […]

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