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 […]

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NCRC Applauds FHFA Principal Reduction Modification Program

Washington, DC – Today, in reaction to the announcement by the Federal Housing Finance Agency (FHFA) that Fannie Mae and Freddie Mac will offer principal reduction to certain seriously delinquent, underwater borrowers, NCRC President and CEO John Taylor made the following statement: “We applaud FHFA and Director Watt for taking this important step in the […]

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NCRC and KeyBank Announce Landmark $16.5 Billion Community Benefits Agreement

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and KeyBank signed a landmark $16.5 billion community benefits agreement. The commitment, signed at the 2016 NCRC Annual Conference, is the largest by a single bank in recent history. KeyCorp’s Chairman and CEO Beth Mooney and NCRC’s President and CEO John Taylor were joined at the signing by community leaders […]

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Media Advisory: NCRC to Host 2016 Annual Conference March 16-19 in Washington, DC

Washington, DC – From March 16-19, the National Community Reinvestment Coalition (NCRC) will hold its annual conference, “Creating a Just Economy,” bringing together hundreds of participants and community organizations from across the nation. This year, the conference will feature keynote speakers Cornell William Brooks, President and CEO of the NAACP, Senator Jeff Merkley of Oregon, Dr. Julianne Malveaux, […]

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NCRC Reacts to FHFA Director Mel Watt’s Remarks at the Bipartisan Policy Center

Washington – Today, in response to Federal Housing Finance Agency Director (FHFA) Mel Watt’s remarks at the Bipartisan Policy Center regarding the conservatorship of the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, the National Community Reinvestment Coalition’s President and CEO John Taylor made the following statement. “We are pleased that Director Watt has […]

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NCRC Calls on Financial Regulatory Agencies to Declare Flint, MI a Disaster Area

Washington – Today, the National Community Reinvestment Coalition (NCRC) sent a letter to Janet Yellen, Chair of the Federal Reserve Board of Governors, Thomas J. Curry, Comptroller of the Currency, and Martin J. Gruenberg, Chairman of the Federal Deposit Insurance Corporation, asking that they declare Flint, Michigan a designated disaster area in response to its […]

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NCRC Hires Stella Adams as Chief of Civil Rights

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) announced the hiring of Stella Adams in the role of Chief of Civil Rights. NCRC President and CEO John Taylor made the following statement: “I am very excited to announce that NCRC has hired Ms. Stella Adams to be its Chief of Civil Rights. In […]

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NCRC DC Women’s Business Center to Host Women-Owned Business Holiday Bazaar

Washington – The National Community Reinvestment Coalition’s Washington, DC Women’s Business Center (DC WBC) will hold its Second Annual “Shop, Sip and Celebrate” Holiday Bazaar this year on Small Business Saturday, November 28, 2015. The DC WBC Holiday Bazaar is a pop-up marketplace to showcase local women-owned small businesses, many of which are DC WBC […]

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NCRC Report Shows Stark Racial Lending Disparities in Baltimore

Washington – Today, the National Community Reinvestment Coalition (NCRC) released an analysis of home purchase and small business lending in Baltimore, Maryland, and the surrounding areas. The analysis reveals deep racial disparities in mortgage lending. NCRC President and CEO John Taylor made the following statement: “While many Americans take the ability to obtain a mortgage for […]

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NCRC Releases Paper Calling For Protection of Duties to Serve, Recapitalization and Reform of Fannie and Freddie

Washington – Today, the National Community Reinvestment Coalition (NCRC) released a white paper making a case for the recapitalization of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and continuing the reforms of the GSEs started with the passage of the Housing and Economic Recovery Act of 2008 (HERA). The white paper, “Protecting Duties to Serve and Responsible Next Steps for […]

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