Principles for CRA Reform: Strengthen Exams for Banks
The agencies should not undermine the effectiveness of CRA by designing new exams that do not effectively hold banks accountable for meeting credit needs of local communities.
Views
Analysis and points of view on research, trends, issues, ideas and opportunities.
Mapping Inequality: There were no dog whistles, the racism was loud and clear.
It’s not too simple to say that governmental housing policies that endorsed and promoted segregation and racism had a profound and lasting legacy that we can still see in the landscape of American cities today.
Environmental Justice and COVID-19: Some are Living in a Syndemic
Like most American cities, Memphis has a long history of racist housing and environmental policies. As this report from NCRC and its university partners shows, this history has real world impacts today, resulting in worse health outcomes for Black neighborhoods, shorter lifespans, poorer overall health and greater risk of several complications due to COVID-19.
CRA for the Securities Industry: A Tool for Combating Wealth Inequality and for Increasing Accountability
If it remains confined to banks, CRA will miss opportunities to make sure that securities services are offered equitably to low- and moderate-income communities.
Expanding CRA to Non-Bank Lenders and Insurance Companies
if the Community Reinvestment Act (CRA) remains confined to banks, our nation’s underserved neighborhoods will have a harder time revitalizing. Banks are one part of the total financial industry and a shrinking part at that.
Lending Discrimination Faced by Same-Sex Couples in the Mortgage Arena
LGBTQ+ Americans are less likely to own their homes when compared to their straight, cisgender counterparts, and they are more likely to experience financial hardship.
Why the Community Reinvestment Act should be expanded broadly across the financial industry
An antidote to discrimination, the Community Reinvestment Act says banks have an affirmative obligation to serve all communities. It’s time to extend that obligation to all of the financial sector, including insurance, securities and non-bank mortgage lenders.
The Spirit and Color of CRA: Greater Emphasis on Communities of Color in the Community Reinvestment Act
NCRC continues to advocate for the inclusion of people and communities of color on CRA exams to address continued racial discrepancies in lending.
NCRC, Two Other Advocacy Groups, File Joint Amicus Brief in Lacewell v. OCC
Last week, the National Community Reinvestment Coalition (NCRC) joined with the Center for Responsible Lending (CRL) and the National Consumer Law Center (NCLC) to file an amicus brief in the Office of Comptroller of the Currency (OCC)’s appeal in Lacewell v. OCC in the federal Second Circuit Court of Appeals.
HUD’s Proposed Rule Enables Discrimination Against Transgender People
The Department of Housing and Urban Development (HUD) recently issued a proposal to change the Equal Access Rule in ways that could encourage discrimination against individuals who are transgender and/or nonbinary.
Amid Funding Threats and Coronavirus, Minority College Students Face Many Concerns
For many universities and their students, COVID-19 created new problems and exacerbated existing vulnerabilities.
US Immigrants Face Unique Challenges During the Pandemic
Immigrants play a central role in the U.S. economy, especially as essential workers and workers in industries hardest hit by the pandemic’s economic impact.
African Americans Are Missing Ten Trillion Dollars of Wealth
For African Americans to own a share of the wealth proportionate to their 13% of the population, they’d require another $10 trillion of wealth.
Homelessness During COVID and Beyond
Those experiencing homelessness are especially vulnerable to getting sick due to previous health conditions and lack of access to general wellness care.
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.
