fbpx

Press Releases

For interviews and other media requests, contact: media@ncrc.org

CFPB Director Cordray Announces Push To Prevent Discriminatory Lending

By / / Press Releases / 3 minutes of reading

Washington, DC — Today, in a keynote address at the National Community Reinvestment Coalition’s (NCRC) annual conference, Consumer Financial Protection Board (CFPB) Director Richard Cordray announced that the agency will use all available legal avenues, including disparate impact, to pursue discriminatory lenders. “We want consumers to avoid the marketplace’s silent pickpocket — discrimination,” said CFPB […]

CFPB Director Cordray Announces Push To Prevent Discriminatory Lending Read More »

NCRC Calls for Restoration of Minority Business Development Funding in Congressional Testimony

By / / Press Releases / 2 minutes of reading

Washington, DC — Today, Owen Jackson, Vice President of Business Development at the National Community Reinvestment Coalition (NCRC) will give testimony before the Congressional Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies and will call upon Congress to reverse proposed cuts to the Department of Commerce’s Minority Business Development Agency (MBDA). MBDA supports Business

NCRC Calls for Restoration of Minority Business Development Funding in Congressional Testimony Read More »

White House Honors DC Women’s Business Center’s Samira B. Cook-Gaines

By / / Press Releases / 3 minutes of reading

Washington, DC –  On Wednesday, March 7, the White House honored Samira B. Cook-Gaines, Director of the National Community Reinvestment Coalition’s Washington, DC Women’s Business Center (DC WBC) as a Champion of Change, a tribute bestowed this week on local community leaders who pave the way for small business growth through entrepreneurial mentoring, counseling, and

White House Honors DC Women’s Business Center’s Samira B. Cook-Gaines Read More »

NCRC Applauds President Obama’s Leadership on Housing

By / / Press Releases / 2 minutes of reading

Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) applauded President Obama for announcing new steps allowing homeowners to refinance FHA insured loans at lower rates, and an agreement with lenders which would provide financial restitution for veterans who were improperly foreclosed upon. NCRC President & CEO John Taylor called upon Edward DeMarco, Acting Director

NCRC Applauds President Obama’s Leadership on Housing Read More »

Federal Reserve Approves Capital One Acquisition Deal

By / / Press Releases / 4 minutes of reading

Federal Reserve Approves Capital One Acquisition of ING Direct USA Washington, DC — The Federal Reserve today approved Capital One’s bid to purchase ING Direct with no meaningful conditions. The National Community Reinvestment Coalition (NCRC) and hundreds of organizations nationwide opposed the acquisition because it will make Capital One more systemically risky, while not creating

Federal Reserve Approves Capital One Acquisition Deal Read More »

Robosigning Settlement Step Towards Full Recognition of Extraordinary Harm to Homeowners & Economy

By / / Press Releases / 2 minutes of reading

Washington, DC — Today federal officials and state Attorneys General reached an agreement with five major lenders to settle claims stemming from “robosigning” and other servicing abuses. John Taylor, president & CEO of the National Community Reinvestment Coalition (NCRC) made this statement: “The settlement recognizes that all homeowners have been damaged by widespread abuses in

Robosigning Settlement Step Towards Full Recognition of Extraordinary Harm to Homeowners & Economy Read More »

Congress Must Act on President Obama’s Housing Proposals

By / / Press Releases / 2 minutes of reading

Washington, DC — The National Community Reinvestment Coalition (NCRC) today made this statement regarding measures the Obama administration is proposing to help the ailing housing market: “If there is a problem with the President’s plan, it’s that Congress must approve it. The President has put forward some very sensible proposals to ensure that the housing market

Congress Must Act on President Obama’s Housing Proposals Read More »

State of the Union: As Homeowners Go, So Goes the Economy

By / / Press Releases / 2 minutes of reading

Washington, DC — The National Community Reinvestment Coalition (NCRC), the nation’s preeminent advocacy group for fair lending and housing, commends President Obama’s call to resuscitate the housing market expected in his annual State of the Union speech. John Taylor, NCRC President and CEO, said: “The weakness of the market since the 2008 crash continues to

State of the Union: As Homeowners Go, So Goes the Economy Read More »

NCRC Broadens Movement for Economic Security on Behalf of Older Adults

By / / Press Releases / 4 minutes of reading

 Organizations Funded to Empower, Organize and Support Older Adults

Washington, DC —  The National Community Reinvestment Coalition (NCRC) today announced five new awardees in a multi-year campaign to empower, organize and support economically vulnerable older adults. The announcement expands NCRC’s commitment to the financial well being of older Americans, following the launch in 2011 of National Neighbors Silver, a national campaign to safeguard the financial security of today’s seniors and future retirees.

“Today’s older adults are working longer and living on less. For some, retirement is but a distant dream, while others face the challenge of stretching their savings or going back to work. Seniors are often left to navigate these challenges on their own. Through National Neighbors Silver, NCRC is deepening the capacity of community-based organizations to help older adults achieve economic security, moving from ‘you’re on your own’ to ‘we’re all in it together’.” said John Taylor, President and CEO of NCRC.

NCRC Broadens Movement for Economic Security on Behalf of Older Adults Read More »

NCRC Supports Appointment of Richard Cordray to Head the CFPB

By / / Press Releases / 2 minutes of reading

Obama Appoints Protector of the Taxpayer Interest Washington, DC — President Obama will today use his constitutional authority to recess appoint former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau (CFPB). In 2010, the National Community Reinvestment Coalition (NCRC) gave Cordray its Henry B. Gonzalez Award for outstanding public service, noting that

NCRC Supports Appointment of Richard Cordray to Head the CFPB Read More »

Senators Vote for Wall Street, Against the American People

By / / Press Releases / 2 minutes of reading

Senate Blocks Qualified Nominee Washington, DC — The National Community Reinvestment Coalition (NCRC) today issued the following statement after the Senate failed to secure cloture on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau. NCRC President & CEO John Taylor: “Shame on those Senators who have blocked Richard Cordray’s nomination. The

Senators Vote for Wall Street, Against the American People Read More »

NCRC Calls on Senate to Confirm Richard Cordray to Head the CFPB

By / / Press Releases / 2 minutes of reading

Washington, DC — The National Community Reinvestment Coalition today urged the Senate to confirm former Ohio Attorney General Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). In 2010, the National Community Reinvestment Coalition (NCRC) gave Cordray its prestigious Henry B. Gonzalez Award for outstanding public service, noting that he was a “shining

NCRC Calls on Senate to Confirm Richard Cordray to Head the CFPB Read More »

In Solidarity Against Economic Inequality

By / / Press Releases / 1 minute of reading

Washington, DC – Following hundreds of arrests of people with the Occupy Wall Street movement this morning, the National Community Reinvestment Coalition today issued this statement: “Today, hundreds of people were arrested as they protested the sins of Wall Street and supported economic equality. This is more people than have or likely ever will be

In Solidarity Against Economic Inequality Read More »

National Community Reinvestment Coalition Opposes Capital One Acquisition of HSBC’s Credit Card Unit

By / / Press Releases / 2 minutes of reading

Over a dozen consumer and civil rights groups ask OCC for extension of comment period and public hearings Washington, DC — The National Community Reinvestment Coalition (NCRC) today announced its opposition to the Capital One acquisition of HSBC’s U.S. credit card business. Over a dozen national consumer and civil rights groups wrote to the Office

National Community Reinvestment Coalition Opposes Capital One Acquisition of HSBC’s Credit Card Unit Read More »

NCRC Opposes Higher Limits on FHA Loans

By / / Press Releases / 1 minute of reading

Washington, DC — In a letter sent to Chairman Hal Rogers and three other members of the House Appropriations committee, the National Community Reinvestment Coalition opposed extending higher loan limits on FHA loans. The House of Representatives is currently considering raising the loan limits from $625,500 back to $729,750. A recent Congressional Budget Office report

NCRC Opposes Higher Limits on FHA Loans Read More »

Scroll to Top

Start typing and press enter to search