Testimony & Regulatory Comments

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 […]

(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: 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

(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

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

September 22, 2023 Dear Members of the Board of Governors, FDIC Chairman, and Acting Comptroller of the Currency: On August 7, Better Markets (BM) sent a letter to the federal bank agencies asserting that the proposed CRA rule “will not work and that redlining will continue.” The BM letter dismisses an interagency proposal that would

(Download) August 21, 2023 RE: Quality Control Standards for Automated Valuation Models: Docket ID OCC–2023–0002; FDIC RIN 3064–AE68; Federal Reserve Docket No. R–1807 and RIN No. 7100 AG60; Docket Number NCUA–2023–0019; FHFA RIN 2590–AA62; and CFPB–2023–0025 To Whom it May Concern: Thank you for the opportunity to comment on the use of automated valuation models

(Download) July 31, 2023  The Honorable Martin Gruenberg Acting Chair of the Board The Federal Deposit Insurance Corporation 550 17th Street, NW Washington, D.C. 20429  The Honorable Michael Hsu Acting Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219  The Honorable Michael Barr Vice Chair for

(Download) July 31, 2023 The Honorable Sandra Thompson Federal Housing Finance Agency Office of Multifamily Analytics and Policy 400 7th Street SW, 9th Floor Washington, D.C. 20219 RE:     Federal Housing Finance Agency’s Request for Input on Multifamily Tenant Protections Dear Director Thompson: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to submit written comments to the

(Download full whitepaper) Key Takeaways: A Maryland CRA law would apply to banks and credit unions with about $46 billion in assets. It would cover mortgage companies that made more than 68,000 loans in three years. The assets and lending activity are considerable resources that should have a CRA obligation for reinvesting in underserved neighborhoods.