NCRC Statement On 5th Circuit Attack On CFPB Funding
‘The latest episode in a decade-long political crusade to kneecap the agency so that bad actors can go back to preying upon working-class families.’
Press Releases
For interviews and other media requests, contact: media@ncrc.org
NCRC Launches Capital Accelerator Program for Business Resource Providers
The MCAP program will provide grants ranging from $20,000 to $50,000 for three to six organizations to support and scale microbusinesses owned by people of color.
NCRC Statement On Edward Jones Withdrawing Its ILC Charter Application
“If even the titans of finance can be successfully discouraged from seeking ILC charters, that’s a win for the American consumer.”
NCRC, HUD Announce #WelcomeMe Campaign For Fair Housing
We are excited to announce the #WelcomeMe social media contest!
NCRC Statement On Bank Lobbyists’ Lawsuit To Preserve Banking Discrimination
‘Lobbyists think their clients have a right to discriminate. I am astounded that the banks that make up the ABA and the CBA want their name attached to this.’
Federal Court Throws Out Trump-Era Anti-Transparency Rule For Mortgage Lenders
A federal judge has sided with community groups to restore key mortgage lending transparency requirements after NCRC and others sued the CFPB in 2020.
NCRC Endorses Rep. Maxine Waters Legislation To Overhaul Community Reinvestment Act
The bill has several particular strengths that would broaden CRA’s reach, increase its rigor and improve its ability to address racial inequities.
Upstart Joins NCRC’s Innovation Council For Financial Inclusion
Upstart and NCRC are both committed to expanding access to credit through the responsible use of new technologies.
Consumer Advocate Groups Call on FDIC to Reject Ford Credit’s ILC Charter Application
Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter, the National Community Reinvestment Coalition (NCRC), the National Consumer Law Center …
Consumer Advocate Groups Call on FDIC to Reject Ford Credit’s ILC Charter Application Read More »
NCRC Statement: Biden Student Debt Relief Is A Great Start – But More Must Be Done
“This is welcome and meaningful relief for former students drowning in education debt […] but it doesn’t solve the underlying problem of inadequate public support and high costs for education.”
Call for 2023 Just Economy Conference Session Ideas
Add your voice and expertise to the 2023 Just Economy Conference. The conference takes place March 29-30, 2023, in Washington, DC, and is preceded by NCRC’s member-only Hill Day on …
Call for 2023 Just Economy Conference Session Ideas Read More »
NCRC To Regulators: Act Now To Establish A Coherent Regulatory Regime For Digital Assets
Regulators should act expeditiously to protect consumers who hold digital assets, the National Community Reinvestment Coalition (NCRC) wrote to the Treasury Department in a comment filed Monday. “We are past …
NCRC To Regulators: Act Now To Establish A Coherent Regulatory Regime For Digital Assets Read More »
NCRC Files Final Comment Letter On Proposed Overhaul Of Community Reinvestment Act Regulations
“Significant changes will be required if the final rule is to deliver real progress in addressing the legacy of redlining in America.”
$24 Million Settlement Of Modern-Day Redlining Case In Philadelphia Shows Government Takes Lending Discrimination Seriously
The National Community Reinvestment Coalition (NCRC) on Wednesday applauded a $24 million settlement to punish serious intentional discrimination and redlining in the Philadelphia area, and urged the courts to endorse …
NCRC Board Chair Katy Crosby To Testify On Capitol Hill
Crosby brings direct city manager experience to House Financial Services Committee hearing on proposed overhaul of Community Reinvestment Act.
