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Press Releases

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NCRC Statement on Court Ruling to Overturn New York City’s Responsible Banking Act

By / / Press Releases / 3 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) reacted in disappointment to the ruling by U.S. District Judge Katherine Polk Failla overturning New York City’s Responsible Banking Act in The New York Bankers Association v. The City of New York. The Responsible Banking Act is one of several responsible banking ordinances that U.S. […]

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NCRC Statement in Opposition to Shelby Provisions in Appropriations Bill

By / / Press Releases / 3 minutes of reading

Washington, DC — Today, in reaction to the incorporation of Senator Richard Shelby’s financial deregulation bill and language submitting the CFPB to annual appropriations into appropriations legislation, NCRC President and CEO John Taylor made the following statement: “It is deeply disturbing that on the week of the fifth anniversary of the Dodd-Frank Act, some members

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NCRC Statement on the OCC Approval of OneWest-CIT Merger

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in response to the Office of the Comptroller of the Currency’s (OCC) conditional approval of the merger between OneWest Bank and CIT Bank, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “It is a positive sign that the regulator held public hearings on this

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NCRC Applauds Senate and House Letters Pressing CFPB on Small Business Loan Data

By / / Press Releases / 4 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded 19 U.S. Senators and 13 Members of the House of Representatives Financial Services Committee for sending letters to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small business loan data. Section 1071 of the

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NCRC Applauds Final Affirmatively Furthering Fair Housing Rule

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the U.S. Department of Housing and Urban Development’s release of the final Affirmatively Furthering Fair Housing rule, NCRC President and CEO John Taylor made the following statement: “We are very pleased that HUD has issued a final Affirmatively Furthering Fair Housing rule. This rule is a huge step forward

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NCRC, National Groups Ask Senate to Press CFPB on Small Business Loan Data

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, 19 national consumer and civil rights groups led by the National Community Reinvestment Coalition (NCRC) sent letters to members of the U.S. Senate asking them to sign on to Senator Cory Booker’s letter urging the Consumer Financial Protection Bureau (CFPB) to issue rulemaking on small business loan data. Section 1071 of

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NCRC Reacts to Supreme Court Decision Upholding Use of Disparate Impact Analysis in Fair Housing

By / / Press Releases / 1 minute of reading

Washington, DC – Today, in response to the U.S. Supreme Court’s decision in Texas Department of Housing and Community Affairs v. The Inclusive Communities Project upholding the use of disparate impact analysis in the enforcement of the Fair Housing Act, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement:

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Community Organizations Hold Delaware Reinvestment Summit in Wilmington

By / / Press Releases / 2 minutes of reading

Wilmington, DE – On Tuesday, June 16, the National Community Reinvestment Coalition (NCRC) and other community groups hosted a statewide summit in Wilmington on community reinvestment in Delaware. Community-based organizations, financial institutions, and public officials from across the state gathered at the Delaware Reinvestment Summit to address some of Delaware’s biggest economic challenges. The Delaware Reinvestment

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NCRC Statement on Shelby Regulatory Relief Bill Committee Vote

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the U.S. Senate Banking Committee’s vote on Senator Richard Shelby’s bill “The Financial Regulatory Improvement Act of 2015,” NCRC President and CEO John Taylor made the following statement: “Chairman Shelby’s discussion draft undermines some key provisions enacted as part of the Dodd-Frank law that ensure the safety and soundness

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NCRC Reacts to the Release of Shelby Regulatory Relief Bill

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to Senator Richard Shelby’s release of a discussion draft of “The Financial Regulatory Improvement Act of 2015,” NCRC President and CEO John Taylor made the following statement: “This bill is far from regulatory improvement – it in fact represents regulatory regression. It would strip away key consumer safeguards and

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NCRC Reacts to FHA Announcement About Changes to Distressed Asset Stabilization Program

By / / Press Releases / 1 minute of reading

Washington, DC –Today, in response to the Federal Housing Administration’s (FHA) announcement about its changes to the Distressed Asset Stabilization Program (DASP), the National Community Reinvestment Coalition’s (NCRC) Chief of Community Development Ed Gorman made the following statement: “We applaud the FHA for taking these significant steps to improve homeownership opportunities in neighborhoods hard hit

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NCRC Applauds Senate Confirmation of Loretta Lynch as U.S. Attorney General

By / / Press Releases / 1 minute of reading

Washington, DC –Today, in reaction to the U.S. Senate’s confirmation of Loretta Lynch as U.S. Attorney General, the National Community Reinvestment Coalition’s (NCRC) Chief of Membership and Policy Jesse Van Tol made the following statement: “We congratulate Loretta Lynch on her confirmation as U.S. Attorney General. As her stellar record demonstrates, Ms. Lynch will be

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NCRC Reacts to FHFA’s Modest Adjustments to Guarantee Fees

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the Federal Housing Finance Agency’s (FHFA) announcement of small adjustments to the fees it charges lenders on loans guaranteed by the Government-Sponsored Enterprises (GSEs), the National Community Reinvestment Coalition’s (NCRC) Chief of Membership and Policy Jesse Van Tol made the following statement: “The FHFA has taken some modest

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Community Groups Call on Senate Majority Leader Mitch McConnell to Bring Lynch Confirmation to a Vote

By / / Press Releases / 6 minutes of reading

Washington, DC – Today, community groups led by the National Community Reinvestment Coalition (NCRC) called upon Senate Majority Leader Mitch McConnell hold a full Senate vote on the confirmation of Loretta Lynch for U.S. Attorney General. Ms. Lynch’s wait for confirmation, presently over five months, is at historic levels, and a majority of the Senate

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NCRC Honors 2015 National Achievement Award Winners

By / / Press Releases / 2 minutes of reading

Washington, DC – On March 25, at the National Community Reinvestment Coalition’s (NCRC) 2015 Annual Conference, NCRC presented its National Achievement Awards and honored leaders in expanding fair access to financial services. The awards ceremony featured remarks from Gustavo F. Velasquez, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing

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