Analysis and points of view on research, trends, issues, ideas and opportunities.
Residential segregation is embodied in a very real way in the health and life expectancy of people living in formerly redlined areas today
Explainer: Why we created a new method for measuring the impact of redlining Read More »
The mid-20th Century Black freedom struggle has yet to attain its aims. Political and economic reforms are necessary to jump-start progress on racial equality that has been stalling for the last over 50 years. Taking down barriers to voting is an important part of these reforms.
The Need for Black Electoral and Economic Power Read More »
NCRC members sound off on how looming regulatory decisions on data rules affect their work, their neighbors, and their communities.
The Home Mortgage Disclosure Act (HMDA) data that the Consumer Financial Protection Bureau (CFPB) is required by law to gather does not allow borrowers to identify themselves by sexual orientation. However, the co-applicant data can be used to identify loans made to couples of the same gender.
Gender And Same-Sex Status in Home Mortgage Lending Read More »
Banks help other lenders get around state laws to facilitate abusive puppy mills and trap pet owners in predatory loans. Federal regulators can put a stop to it.
Lend Us a Paw: Ask the FDIC to Close the Rent-a-Bank Loophole Read More »
A review of mortgage data from 2020 reveals how the private lending market continues to inadequately serve most households of color. This is despite government-backed mortgages designed to assist low- and moderate-income (LMI) households. To solve this ongoing and enduring failure, the National Community Reinvestment Coalition (NCRC) recommended a set of actions by federal bank regulators,
The Failure of the Private Mortgage Market Read More »
Making a meaningful dent in the level of structural racial economic inequality in this country requires change throughout the US finance system—in our financial regulations, within our financial institutions, and in the lending and investments done by financial institutions.
Goodbye “Race Neutrality”—The Case for Race-Conscious Economic Policy Read More »
As has been true throughout my life, the words of Dr. King, though written over 50 years ago, speak clearly to the times I am living in.
Dr. King’s Testament of Hope Amidst Melancholy and Discouragement in 2022 Read More »
An NCRC evaluation of small business loan applications from a sample of seven banks in Washington, DC revealed that some lenders discriminate against applicants who have been charged at any time in their lives with a criminal offense.
The disparate impact of using “Ever Charged” on a commercial loan application Read More »
across the nation through changes to state laws and elections administration that could enable local political appointees or state legislatures to manipulate voting, restrict access or even overturn results. They won’t need a riot.
Jan. 6 should be a lasting reminder that American democracy is fragile Read More »
To better understand the interconnectedness between race and SES within the small business lending arena, the National Community Reinvestment Coalition (NCRC), in conjunction with our academic partners – Dr. Sterling Bone (Utah State University), Dr. Maura Scott (Florida State University) and Dr. Glenn Chrisitinsan (Brigham Young University) – conducted matched-pair testing at financial institutions in the Washington, DC, metropolitan area between November and December 2020.
The Department of Housing and Urban Development (HUD) issued yesterday a statement and legal opinion supporting the use of Special Purpose Credit Programs (SPCPs).
During the New Deal Era of the 1930s, the discriminatory practice of redlining was introduced in the United States. Neighborhoods with immigrants and people of color were labeled “red” and designated “hazardous” by the Home Owners’ Loan Corporation, and banks, realtors and public officials used those maps to deny loans and other investments in those
The Legacy of Redlining on Black Maternal Health Read More »
During yesterday’s confirmation hearing, two questions posed by senators considering the nomination of Dr. Saule Omarova to lead the Office of the Comptroller of the Currency (OCC) demonstrated the widespread interest in updating the Community Reinvestment Act (CRA).
The CFPB’s request for information this week is a promising first step, but the agency should complete the work to implement the Congressionally-mandated requirements for a HMDA that will shed light on lending activity in all communities and with the robust data points that the public needs to investigate financial institutions for fair lending concerns.
