Testimony and comments from NCRC about pending legislation and regulatory issues.
NCRC President and CEO Jesse Van Tol testified Friday, July 19, at a public hearing on the proposed Capital One-Discover merger. Here are his prepared remarks: Good Morning, I’m Jesse Van Tol, President and CEO of NCRC. This merger is a terrible, horrible, no good, very bad idea. And I could just end my testimony […]
NCRC’s Jesse Van Tol Provided Remarks At Capital One – Discover Hearing Read More »
NCRC Senior Policy Advisor Kevin Hill testified Friday, July 19, at a public hearing on the proposed Capital One-Discover merger. Here are his prepared remarks: Hello, I’m Kevin Hill with NCRC. The OCC and the Federal Reserve must deny Capital One’s application to acquire Discover Bank. This merger would further consolidate the credit card industry,
NCRC’s Kevin Hill Provided Remarks At Capital One – Discover Merger Hearing Read More »
(Download) July 12, 2024 To Whom it May Concern: NCRC appreciates this opportunity to comment on the Federal Housing Finance Agency’s (FHFA’s) request for information (RFI) regarding the mission of the Federal Home Loan Banks (FHLB) and their support of affordable housing and community development. The FHFA must sharpen the FHLBank mission statement and performance
NCRC comment on FHLB Bank Mission Read More »
(Download) June 18, 2024 RE: Statement of Policy (SOP) on Bank Merger Transactions, RIN 3064–ZA31 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on proposed changes to the FDIC’s statement of policy on bank merger transactions. Bank mergers profoundly impact banks’ capacities to serve the convenience and
NCRC comment on FDIC proposed statement of policy Read More »
Josh Silver, Senior Advisor, NCRC, June 5, 2024 The National Community Reinvestment Coalition (NCRC) appreciates this opportunity to comment on the equitable housing finance plan requirement for the Government Sponsored Enterprises (GSEs). The GSEs, Fannie Mae and Freddie Mac, are major entities in the secondary market providing liquidity for banks and other lenders when they
Download May 17, 2024 Loren Schulman Associate Director Office of Performance and Personnel Management Office of Management and Budget 725 17th St., NW Washington, DC 20503 Samuel Berger Associate Administrator Office of Information and Regulatory Affairs Office of Management and Budget 725 17th St., NW Washington, DC 20503Â Re: Methods and Leading Practices for Advancing
Download May 13, 2024 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th Street SW, Suite 3E–218 Washington, DC 20219 Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 regs.comments@federalreserve.gov James P. Sheesley Assistant Executive Secretary Attention: Comments RIN 3064–AG03 Federal Deposit Insurance Corporation 550 17th Street NW Washington,
NCRC Comment on CRA Supplemental Rulemaking Read More »
(Download) April 23, 2024 RE: Docket ID OCC–2023–0017 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on proposed changes to the OCC’s regulations regarding Business Combinations Under the Bank Merger Act. Bank mergers profoundly impact banks’ capacities to serve the convenience and needs of communities. If the
NCRC comment on OCC proposed merger policy statement Read More »
(Download) April 22, 2024 RE: Docket ID OCC–2022–0008 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment regarding availability of information under the Freedom of Information Act (FOIA). NCRC is a network of more than 700 community-based organizations dedicated to creating a nation that not only promises but
NCRC’s comment on OCC’s proposed changes to its Freedom of Information Act regulation Read More »
Download March 11, 2024 Jessie Handforth Kome Director, Office of Block Grant Assistance Room 7282 U.S. Department of Housing and Urban Development 451 7th Street SW, Washington, DC 20410 Heidi Frechette Deputy Assistant Secretary for Native American Programs Room 4108 U.S. Department of Housing and Urban Development 451 7th Street SW, Washington, DC 20410 RE: Submission for
NCRC’s Comment Letter to HUD About Community Development Block Grants (CDBGs) Read More »
(Download) March 4, 2024 Jim Park Executive Director Appraisal Subcommittee 1325 G Street Suite 500, NW Washington, DC 20005 appraisalbiashearing@asc.gov Dear Executive Director Park: The National Community Reinvestment Coalition appreciates the opportunity to submit written comments to the Federal Financial Institutions Examination Council’s Appraisal Subcommittee. We thank The Appraisal Subcommittee of the Federal Financial Institutions Examination
(Download) March 4, 2024 VIA ELECTRONIC FILING Mr. Craig Cellini Rules Coordinator Illinois Department of Financial and Professional Regulation (IDFPR) 329 West Washington, 3rd Floor Springfield, IL 62789 Via Email:Â Craig.Cellini@Illinois.gov RE: Comment on the Notice of Proposed Rules (NPR) regarding the Banking Community Reinvestment Rule (38 IAC 345), Mortgage Lenders Community Reinvestment Rule (38 IAC
NCRC’s Comment on Second Illinois CRA Notice of Proposed Rulemaking Read More »
(Download) January 15, 2024 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th St. SW Suite 3E-218 Washington, DC 20219 Secretary Ann E. Misback Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 Assistant Executive Secretary James P. Sheesley Comments/Legal OES Federal Deposit
NCRC Comment on the Proposed Capital Rule Read More »
Download November 14, 2023 Dianna Seaborn, Director Office of Financial Assistance U.S. Small Business Administration 409 3rd Street SW Washington, DC 20416 RE:      RIN 3245-AI03, 2023-19183, Criminal Justice Reviews for the U.S. Small Business Administration’s Business Loan Programs and Surety Bond Guaranty Program, Dear Director Seaborn: The undersigned organizations appreciate the opportunity to comment on the
(Download) October 10th, 2023 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th St. SW Suite 3E-218 Washington, DC 20219 RE: Trust in Banking Survey; Docket ID OCC-2023-0003 Dear Honorable Acting Comptroller Hsu: Thank you for the opportunity to comment on how the Office of the Comptroller will develop
