Press Releases

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Alan Pyke, Communications Director
media@ncrc.org   •   (202) 524-4885

NCRC Applauds Passage of Local Responsible Banking Ordinance in Minneapolis

Washington, DC – Today, in reaction to the Minneapolis City Council’s passage of a local responsible banking ordinance, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: online pharmacy buy lariam online no prescription “We applaud the passage of a local responsible banking ordinance in Minneapolis. We congratulate NCRC member […]

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NCRC Statement on the Release of 2012 Home Mortgage Disclosure Act Data

Washington, DC – Today, in reaction to the release of 2012 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement: “Today, the federal government released Home Mortgage Disclosure Act data for 2012. The data shows a recovering housing market but also illustrates the prevalence of persistent racial disparities

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NCRC Applauds Passage of Local Responsible Banking Ordinance in Boston

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded the Boston City Council’s unanimous passage of a local responsible banking ordinance. “We are very pleased that the Boston City Council has passed a local responsible banking ordinance,” said NCRC President and CEO John Taylor. “Local responsible banking ordinances empower local governments to hold banks

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NCRC Statement on Revised Proposed QRM Rule

Washington, DC – Today, in reaction to the release of a revised proposed Qualified Residential Mortgage (QRM) rule by federal regulators, NCRC President and CEO John Taylor made the following statement: “We are pleased that federal regulators have proposed a revised Qualified Residential Mortgage (QRM) rule that removes the unnecessary downpayment requirement that was previously proposed

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NCRC Efforts Result in Important Conditions on FDIC Approval of Renasant Bank Merger

Washington, DC – Today, the National Community Reinvestment Coalition reacted to the Federal Deposit Insurance Corporation (FDIC) issuing a conditional approval of a merger between the holding companies for Renasant Bank and M&F Bank. As a condition of the merger, the newly merged Renasant Bank must conduct additional marketing to small businesses and qualified home

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NCRC Releases GSE Reform Access White Paper

Washington, DC – Today, the National Community Reinvestment Coalition released a new white paper, “A Guarantee for the Guarantee: Two Proposals to Ensure that the Future Secondary Mortgage Market Serves All Creditworthy Borrowers.” The paper introduces two policy proposals designed to promote access and ensure that the future secondary mortgage market serves all creditworthy borrowers through

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NCRC Applauds Senator Reid’s Remarks on GSE Reform

Washington, DC – Today, the National Community Reinvestment Coalition applauded remarks from Senate Majority Leader Harry Reid on GSE reform. In a recent interview that addressed GSE reform, Senator Reid expressed the need to “protect homeownership.” online pharmacy imodium over the counter with best prices today in the USA “We are very glad to hear Senator

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NCRC Statement on President Obama’s Arizona Housing Address

Washington, DC – Today, in reaction to President Obama’s speech on housing in Arizona, NCRC President and CEO John Taylor made the following statement: “We applaud the President for stressing the importance of access to homeownership, affordable rental housing, and responsible lending. But we are very concerned that the President didn’t address what is missing from

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NCRC Statement on the Nomination of Sarah Bloom Raskin as Deputy Treasury Secretary

  Washington, DC – Today, in reaction to the news that President Obama has nominated Federal Reserve Board Governor Sarah Bloom Raskin to serve as Deputy Treasury Secretary, NCRC President and CEO John Taylor made the following statement:  “Sarah Bloom Raskin is sure to be an excellent Deputy Treasury Secretary, and we urge her prompt confirmation.

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NCRC Statement on HUD’s Proposed Affirmatively Furthering Fair Housing Rule

Washington, DC – Today, the United States Department of Housing and Urban Development (HUD) released for public comment a proposed regulation clarifying the duty of government funded entities to Affirmatively Furthering Fair Housing. This highly anticipated rule provides guidance to over 1200 local governments, all states, and more than 4000 Housing Authorities and community development

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NCRC Applauds Confirmation of Thomas Perez as Secretary of Labor

  Washington, DC – Today, the National Community Reinvestment Coalition applauded the confirmation of Thomas Perez as Secretary of the U.S. Department of Labor. NCRC President and CEO John Taylor made the following statement: “We are very pleased that Thomas Perez has been confirmed as Secretary of Labor. Tom Perez is an outstanding public servant

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NCRC Applauds Confirmation of Richard Cordray

Washington, DC – Today, the National Community Reinvestment Coalition applauded the Senate confirmation of Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). NCRC President and CEO John Taylor made the following statement: “Chalk one up for consumers. Big money didn’t want to see the Consumer Financial Protection Bureau created or a talented

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NCRC Calls on Senate to Confirm Richard Cordray

  Washington, DC – Today, the National Community Reinvestment Coalition called for the Senate to confirm Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). President Obama renominated Cordray to be CFPB Director in January of 2013. Senate Majority Leader Harry Reid filed for cloture on the motion to proceed on Cordray’s nomination

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NCRC Calls for Senate Confirmation of Mel Watt

  Washington, DC – In anticipation of today’s confirmation hearing, the National Community Reinvestment Coalition called for the confirmation of Mel Watt as Director of the Federal Housing Finance Agency (FHFA). “We urge the Senate to promptly confirm Mel Watt as Director of the FHFA,” said NCRC President and CEO John Taylor. “He is highly

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NCRC Statement on National Mortgage Settlement Independent Monitor Joseph Smith’s Quarterly Update

  Washington, DC – Today, in reaction to the National Mortgage Settlement Monitor’s latest quarterly update, NCRC President and CEO John Taylor made the following statement: “The latest Settlement Monitor’s update shows that many homeowners are receiving relief in the form of principal reduction, which is a very positive thing. It is good to see

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