Media Planet: 3 key ways to fight lending discrimination
For those who aren’t rich and white, the American dream of home ownership is too often out of reach.
Media Planet: 3 key ways to fight lending discrimination Read More »
In the News
Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.
The Atlantic: Elizabeth Warren’s ambitious fix for America’s housing crisis
Jesse Van Tol, CEO of the National Community Reinvestment Coalition, believes the bill’s reform of the CRA is essential and that banks need to be held accountable when they loan to low-income communities and communities of color.
The Atlantic: Elizabeth Warren’s ambitious fix for America’s housing crisis Read More »
American Banker: Warren wades into CRA overhaul with revamp plan of her own
“This bill presents a vision for updating the Community Reinvestment Act that places the well-being of communities at the center of it,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
American Banker: Warren wades into CRA overhaul with revamp plan of her own Read More »
Star Tribune: For homebuyers, mortgages are safer but tougher to come by
“For the average consumer, the biggest thing that has changed is it’s a lot clearer at the closing table what kind of loan you’re getting and what you can expect to pay over the life of the loan, and that’s a very good thing,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
Star Tribune: For homebuyers, mortgages are safer but tougher to come by Read More »
Wall Street Journal: Hensarling’s GSE reform is the wrong move
Any GSE reform that abolishes or weakens affordable-housing goals will be disastrous for millennials. NCRC CEO Jesse Van Tol confirms why he believes Rep. Hensarling’s criticism of low-down-payment loans is wrong.
Wall Street Journal: Hensarling’s GSE reform is the wrong move Read More »
Next City: Big bank invites cities to compete for $500 million in community development funds
NCRC forecasts that changes proposed by current federal regulators to weaken the Community Reinvestment Act could result in the loss of up to $105 billion a year in home lending and small business lending to low- and moderate-income areas
The Detroit News: Home mortgages harder to get but safer
“For the average consumer, the biggest thing that has changed is it’s a lot clearer at the closing table what kind of loan you’re getting and what you can expect to pay over the life of the loan, and that’s a very good thing,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
The Detroit News: Home mortgages harder to get but safer Read More »
CNNMoney: 10 years after the financial crisis, have we learned anything?
When John Taylor starts remembering the years leading up to the financial crisis, his fury wells up all over again.
CNNMoney: 10 years after the financial crisis, have we learned anything? Read More »
CNNMoney: The two-year Wells Fargo horror story just won’t end
John Taylor, the CEO of the National Community Reinvestment Coalition, credited Sloan with launching a stakeholder advisory council last year but conceded he’s worried about “another shoe to drop” at Wells Fargo and can’t say for sure if Sloan is the right person for the job.
CNNMoney: The two-year Wells Fargo horror story just won’t end Read More »
The Washington Post: Lehman Bros.’ bankruptcy a decade ago offers lessons to protect today’s consumers
Homeownership is the foundation of wealth building in America. Without it, the racial wealth gap is growing” says Jesse Van Tol, CEO of the National Community Reinvestment Coalition
The Gazette: In Iowa: A violent past shapes our future, if we let it
A study released earlier this year by the National Community Reinvestment Coalition showed 75 percent of “redlined” neighborhoods continue to struggle and still are much more likely to include lower-income, minority residents.
The Gazette: In Iowa: A violent past shapes our future, if we let it Read More »
CityLab: It’s time to rewrite fair lending rules. (Just not like this.)
“This is a case where making a better mousetrap doesn’t get around the fact that it’s a mousetrap,” says Jesse Van Tol, CEO for the National Community Reinvestment Coalition.
CityLab: It’s time to rewrite fair lending rules. (Just not like this.) Read More »
American Banker: Cheat sheet: 5 pressure points in CRA reform debate
Comptroller of the Currency Joseph Otting “has said he wants to improve CRA, and if he does so in ways that increase lending and investments to low- and moderate-income communities, we will be the first to applaud it,” Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, said in a statement.
American Banker: Cheat sheet: 5 pressure points in CRA reform debate Read More »
The New York Times: A green light for banks to start ‘redlining’ again
“To be sure, the Community Reinvestment Act, like most regulations, can be improved. We’re eager to work with the regulatory agencies, Congress, banks and the entire financial sector to modernize it,” writes Jesse Van Tol, chief executive at the National Community Reinvestment Coalition.
The New York Times: A green light for banks to start ‘redlining’ again Read More »
The Wall Street Journal: Trump team’s rewrite of low-income lending rules falters
“We are already seeing an unusual level of discord among the regulators,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, a fair-lending advocacy group. “I think there is a significant risk that the whole effort will backfire, unless a more careful and consensus-driven approach is taken.”
The Wall Street Journal: Trump team’s rewrite of low-income lending rules falters Read More »