Testimony & Regulatory Comments

Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now Complete the form to download the pdf: Download May 27, 2025 The Honorable Bill HagertyChairAppropriations Subcommittee on Financial Services & General GovernmentUS Senate251 Russell Senate Office BuildingWashington, DC 20510 The Honorable David JoyceChairAppropriations Subcommittee […]

Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now Complete the form to download the pdf: Download May 12, 2025 Ms. Ann E. MisbackSecretary of the BoardBoard of Governors of the Federal Reserve System20th Street and Constitution Ave NWWashington, DC 20551 Re: Reconsideration of Capital

(Download) Secretary Scott Turner Department of Housing and Urban Development 451 7th Street, SW Washington, DC 20410 Re: Affirmatively Furthering Fair Housing, [Docket No. FR-6519-I-01], 90 FR 11020 May 2, 2025 Dear Secretary Turner: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to submit written comments to the U.S. Department of Housing and Urban

(Download) April 4th, 2025 VIA ELECTRONIC FILING Terry McMahon Via Email: terry.mcmahon@dfs.ny.gov RE: NCRC Comment on the New 3 NYCRR 120 – Compliance with Banking Law Section 28-bb Dear Mr. McMahon: The National Community Reinvestment Coalition (NCRC), a network of over 700 community organizations dedicated to creating a nation that not only promises but delivers opportunities

(Download) March 31, 2025 RE: Comment on RIN 3064–ZA45, Proposed Rescission of FDIC 2024 Statement of Policy on Bank Merger Transactions To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the proposed rescission of the 2024 FDIC Statement of Policy on Bank Merger Transactions. We strenuously oppose

(Download) March 21, 2025 Senator Mark Warner Senator Mike Crapo Senator Thom Tillis, Chairman, Financial Institutions and Consumer Protection Senator Catherine Cortez Masto, Ranking Member, Financial Institutions and Consumer Protection Rep. Andy Barr, Chairman, Subcommittee on Financial Institutions Rep. Bill Foster, Ranking Member, Subcommittee on Financial Institutions Dear Senator Warner and Senator Crapo; Chairman Tillis

March 15, 2025 Paul Worthing Regional Director San Francisco FDIC 25 Jessie Street at Ecker Square, Suite 2300 San Francisco, CA, 94105-2780 CRACommentCollector@FDIC.GOV Re: National Community Reinvestment Coalition Opposition to Federal Deposit Insurance Application for Stellantis Bank USA Director Worthing: We appreciate the opportunity to comment on Stellantis’ application for deposit insurance as part of

(Download) Congressman Steve Womack, Chair Congressman James E. Clyburn, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies House Committee on Appropriations Senator Cindy Hyde-Smith, Chair Senator Kirsten Gillibrand, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies Senate Committee on Appropriations VIA EMAIL March 10, 2025 Dear Chairs Womack,

(Download) Congressman Steve Womack, Chair Congressman James E. Clyburn, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies House Committee on Appropriations Senator Cindy Hyde-Smith, Chair Senator Kirsten Gillibrand, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies Senate Committee on Appropriations VIA EMAIL February 27, 2025 Dear Chairs Womack,

(Download) December 23, 2024 TO: NCRC members and allies FROM: Josh Silver, Senior Fellow RE: Final FHFA Affordable Housing Goals Rule for 2025-2027 Dear Colleagues: On December 19, the Federal Housing Finance Agency (FHFA) issued its final affordable housing goals for Fannie Mae and Freddie Mac, known as Government Sponsored Enterprises (GSEs) for the years 2025 –

(Download) On November 25, the Federal Housing Finance Agency (FHFA) released Fannie Mae’s and Freddie Mac’s Equitable Housing Finance Plans and Underserved Markets Plans for 2025 through 2027.[1] These plans are similar to bank reinvestment requirements except that the FHFA does not evaluate and rate Fannie Mae’s and Freddie Mac’s performance. Instead, Fannie Mae and Freddie Mac submit

(Download) October 15, 2024 RE: Request for Information on Bank-Fintech Arrangements Involving Banking Products and Services Distributed to Consumers and Businesses To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the recent interagency guidance on third party relationships and the follow-up request for information (RFI) on bank partnerships with fintechs (non-bank financial

(Download) October 21, 2024 RE: 2025–2027 Enterprise Housing Goals To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the Federal Housing Finance Agency’s (FHFA) proposed affordable housing goals for 2025 through 2027. NCRC applauds some of the goals as pushing the Government Sponsored Enterprises (GSEs) to consistently