NCRC Statement on House Financial Services Committee Hearing on FHA

Washington, DC– Today, in reaction to this morning’s House Financial Services Committee hearing, “Examining the Proper Role of the Federal Housing Administration in our Mortgage Insurance Market”, NCRC President and CEO John Taylor made the following statement: “FHA plays a critical role in the housing market, which it has served very well for many years. […]

Read More

NCRC Applauds DOJ Civil Fraud Complaint against S&P

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded the news that the U.S. Department of Justice has filed a civil fraud complaint against Standards and Poor’s Rating Services for inflating crediting ratings for residential mortgage backed securities and collateralized debt obligations in the years leading to the financial crisis. “For years NCRC […]

Read More

NCRC Statement on the Renomination of Richard Cordray as Director of the CFPB

Washington, DC – Today, in reaction to the news that President Obama has renominated Richard Cordray to lead to the Consumer Financial Protection Bureau (CFPB), NCRC President and CEO John Taylor made the following statement: “Richard Cordray has done an outstanding job as CFPB Director, and we urge the Senate to confirm his nomination. Under […]

Read More

NCRC Statement on CFPB Appraisal Rules

Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) release of new appraisal rules, NCRC President and CEO John Taylor made the following statement: “The CFPB’s new appraisal rules promote transparency and fairness for consumers. In a step that NCRC has long called for, all consumers will now receive copies of […]

Read More

NCRC Statement on CFPB Mortgage Servicing Rules

Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) release of new mortgage servicing rules, NCRC President and CEO John Taylor made the following statement: “The CFPB’s new mortgage servicing rules set bright lines for mortgage servicers and help to ensure that consumers will be treated fairly and with respect. In […]

Read More

NCRC Statement on the CFPB’s Qualified Mortgage Rule

Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) release of the Qualified Mortgage (QM) rule and the inclusion of a legal “safe harbor” for certain qualified mortgages, NCRC President and CEO John Taylor made the following statement: “The Consumer Financial Protection Bureau, in creating a legal safe harbor for certain […]

Read More

NCRC’S DC Minority Business Center to Present Annual Awards

  Washington, DC — On December 19, the National Community Reinvestment Coalition’s Washington, DC MBDA Business Center, will present its 8th Annual MBDA Business Center Awards.  The awards will acknowledge those that have significantly furthered the center’s efforts to increase access to contracting opportunities and financing for minority business enterprises in 2012. The awards reception […]

Read More

NCRC Statement on FHA’s 2012 Annual Financial Status Report

  Washington, DC– Today, NCRC President and CEO John Taylor made the following statement on FHA’s 2012 Annual Financial Status report: “After 78 years of the Federal Housing Administration (FHA) doing things right and performing well from a fiscal perspective, the recent news about its financial health must be seen in perspective. Without FHA, and […]

Read More

NCRC Statement on CFPB Oversight of Debt Collectors

Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) newly published rule allowing the agency to regulate the debt collection industry, NCRC President and CEO John Taylor made the following statement: “The CFPB should be commended for taking steps to reign in the debt collection industry and protect consumers from unsavory […]

Read More
Page 20 of 36« First...10...192021...30...Last »