Are Loan Modifications For Small Businesses a Possibility in the COVID-19 Pandemic?
More evidence of inequity in access to bank services to help small businesses survive the pandemic.
Research
Posts about NCRC research.
How Can Geographical Areas on CRA exams Work for Branchless banks?
Regulatory agencies should consider loans per thousand people to identify Community Reinvestment Act assessment areas for branchless banks.
Agenda-setting research: Essential Reading for a #JustEconomy
Essential Reading for a Just Economy from NCRC. Topics include: redlining, gentrification, mortgage lending and more.
Research Brief: Bank Branch Closure Update (2017 – 2020)
In this report, NCRC extended our previously published analysis of bank branch closures to look at changes from 2017 through 2020.
NCRC Paycheck Protection Plan Preliminary Analysis
The government’s flawed COVID relief program underscored the need for equity in small business financing, and for stronger enforcement of fair lending laws.
Hispanic Mortgage Lending 2019 Analysis
The report revealed dramatic differences in the costs and lending patterns for different subgroups of Hispanic borrowers, such as Cuban, Mexican and Puerto Rican borrowers. It also found that most Latino borrowers get their mortgages from non-bank mortgage companies and not from banks
Lending Discrimination During Covid-19: Black and Hispanic Women-Owned Businesses
Even after troubling findings from previous mystery shopper tests were published and in the news, financial institutions continued to create barriers for minorities and women business owners to access PPP loans.
RERI
Racial and Ethnic Representationand Investment Framework A Research Report and Recommendationsfor Beneficial State Foundation — OVERVIEW Key steps to improve a bank’s racial and ethnic demographics within their internal workforce, and methods to improve a commitment to diversity, equity and inclusion. — Key Takeaways Although African Americans comprise over 13% of the national population, and …
Impact of COVID-19 on African American Entrepreneurship in Piedmont, North Carolina
A new study compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.
Racial Wealth Snapshot: Immigration and the Racial Wealth Divide
Download Infographic Introduction The United States has more immigrants than any country in the world. In 2018, approximately 44.7 million immigrants lived in the United States, accounting for 13.7% of the country’s population. Although immigration has always played a key role in the history and the making of the United States, from the colonial era …
Racial Wealth Snapshot: Immigration and the Racial Wealth Divide Read More »
Redlining and Neighborhood Health
A new study compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.
Mortgage Lending in the Asian American and Pacific Islander Community
Key Findings Over 652,000 loan applications were reported in 2018 where the applicant identified as AAPI. Home purchase loans varied greatly within the AAPI community, with Asian Indians purchasing homes in 70% of cases, compared with Japanese borrowers that purchased a home just 45% of the time. There are substantial variations in the share of …
Mortgage Lending in the Asian American and Pacific Islander Community Read More »
NCRC Proposal for Underserved Tracts Would Increase Lending in Communities of Color by Billions of Dollars
Executive Summary NCRC proposes to add underserved census tracts as a criterion on component tests on CRA exams. NCRC identifies underserved tracts as those that receive low levels of lending per housing units and small businesses. A significant portion of these tracts are predominantly minority. NCRC estimated that adding these tracts on CRA exams would …
Lending Discrimination within the Paycheck Protection Program
Lending Discrimination within the Paycheck Protection Program Anneliese Lederer, Director of Fair LendingSara Oros, Program Coordinator, Fair Housing/Fair Lending In collaboration with:Dr. Sterling Bone, Professor of Marketing, Utah State UniversityDr. Glenn Christensen, Associate Professor of Marketing, Brigham Young UniversityDr. Jerome Williams, Distinguished Professor and Prudential Chair in Business, Rutgers University Before COVID-19, tests revealed better …
Lending Discrimination within the Paycheck Protection Program Read More »
Government data on PPP loans is mostly worthless, but it’s not too late to fix it
The SBA didn’t require demographic data and most PPP applications didn’t include it.
