For interviews and other media requests, contact:
Alan Pyke, Communications Director
media@ncrc.org • (202) 524-4885
The Consumer Financial Protection Bureau (CFPB) released yesterday an outline of proposals under consideration to collect data on lending to small businesses and help identify and address discrimination.
CFPB proposed changes to small business lending data a step in the right direction Read More »
The National Community Reinvestment Coalition has hired Marisa Calderon as executive director of the NCRC Community Development Fund, which provides loans for housing, small business and other community development needs in low- and moderate-income communities. Calderon, based in California, was executive director at the National Association of Hispanic Real Estate Professionals (NAHREP) and authored their
NCRC Hires Marisa Calderon as New Executive Director of Community Development Fund Read More »
The National Community Reinvestment Coalition has hired Tom Feltner as Director of Policy. He will lead NCRC’s policy agenda and advocacy in pursuit of a Just Economy.
NCRC Hires Tom Feltner as New Director of Policy Read More »
Today, the National Community Reinvestment Coalition (NCRC) and Morgan Stanley (NYSE: MS) announced a $15 billion, four-year community benefits plan that will increase the financial services company’s lending and investments in lower-income communities.
Before the pandemic devastated minority communities, banks and government officials starved them of capital.
The Trump Administration has attacked one of the most vital pieces of civil rights legislation, the Fair Housing Act, on multiple fronts in the last several weeks. They gutted the Affirmatively Furthering Fair Housing rule that enforces fairness in housing. Now, they are effectively eliminating the disparate impact standard in fair housing cases.
NCRC Condemns HUD’s Disparate Impact Rule Read More »
This week, 19 national community organizations called on the Federal Housing Finance Agency (FHFA) to provide more clarity and transparency around the impacts of the agency’s proposed capital requirements for Fannie Mae and Freddie Mac (the Enterprises) before the end of a public comment period on August 31st.
The research, from the National Community Reinvestment Coalition (NCRC), sheds new light on the experience of several groups within the AAPI community that have long accused lenders of predatory practices and discrimination.
Mortgage data reveals disparities in Asian American and Pacific Islander lending Read More »
Nonprofit housing counseling organizations responding to the COVID-19 pandemic in 15 states will receive unrestricted grants and resources from the National Community Reinvestment Coalition (NCRC), thanks to funding from the Wells Fargo Foundation.
The National Community Reinvestment Coalition (NCRC) and the St. Louis Equal Housing and Community Reinvestment Alliance (SLEHCRA) have urged the Federal Deposit Insurance Corporation (FDIC) to require Edward Jones Bank to meet Community Reinvestment Act (CRA) assessment requirements in the St. Louis area.
The Center for Responsible Lending, National Consumer Law Center, and National Community Reinvestment Coalition filed an amicus brief today in Lacewell v. Office of the Comptroller of the Currency (OCC), in support of the plaintiff, the New York State Department of Financial Services (DFS), against the OCC’s plan to issue “special purpose national bank” charters to nonbank lenders.
Amicus Brief Opposes OCC Charter That Would Aid Predatory Lenders Read More »
By Raising Reporting Thresholds, CFPB Rule Blocks Access to Data That is Critical to Uncovering Housing Discrimination
Fair housing advocates denounce Trump’s newest effort to eliminate a critical tool to desegregate communities and call on the president to instead concentrate on ensuring housing equity during a pandemic.
Today, President Trump replaced the 2015 Affirmatively Furthering Fair Housing (AFFH) rule with a much weaker one, and without any public comment process, despite the Department of Housing and Urban Development’s (HUD) proposed rule change filed in January.
NCRC statement on Affirmatively Furthering Fair Housing Executive Order Read More »
Today, the Office of the Comptroller of the Currency (OCC) announced a proposed rule on the true lender doctrine. Under the proposal, a bank is considered to be the “true lender” if it is named as the lender or if it funds the loan.
NCRC Dismayed by OCC’s Intention to Establish a True Lender Standard Read More »
