Analysis and points of view on research, trends, issues, ideas and opportunities.
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.
NCRC, Two Other Advocacy Groups, File Joint Amicus Brief in Lacewell v. OCC Read More »
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.
HUD’s Proposed Rule Enables Discrimination Against Transgender People Read More »
For many universities and their students, COVID-19 created new problems and exacerbated existing vulnerabilities.
Amid Funding Threats and Coronavirus, Minority College Students Face Many Concerns Read More »
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.
US Immigrants Face Unique Challenges During the Pandemic Read More »
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.
African Americans Are Missing Ten Trillion Dollars of Wealth Read More »
Those experiencing homelessness are especially vulnerable to getting sick due to previous health conditions and lack of access to general wellness care.
Homelessness During COVID and Beyond Read More »
The SBA didn’t require demographic data and most PPP applications didn’t include it.
Government data on PPP loans is mostly worthless, but it’s not too late to fix it Read More »
In the coming weeks, we expect the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to propose a rule for the “true lender” doctrine, an act that will have a negative impact on the ability of states to protect their residents from high-cost lending.
Federal Regulators Should Refrain From Making a True Lender Rule Read More »
Local businesses are devastated and state agencies overwhelmed as people stay at home to preserve their health and apply for government assistance to maintain financial solvency. An unexpected side effect of this was a simultaneous increase in consumer complaints filed with the Consumer Finance Protection Bureau (CFPB).
COVID-19 and the CFPB Consumer Complaint Database Read More »
Most people are aware of the ongoing economic inequality suffered by the majority of Americans and disproportionately for African Americans. African Americans’ net wealth in the U.S. is 1/10 of that of their fellow White citizens. The COVID–19 virus, the current economic recession and national protests have made many of us think deeper about whether
Are All Americans Equal? Read More »
Corporations across the country are pledging action and millions of dollars of investment into “racial justice” causes, yet there has been very little movement in one of the easiest areas to make advancement: racial and ethnic representation and procurement by corporations.
Advancing Corporate Commitment to Racial Economic Justice Read More »
The consequences of redlining are often thought of in terms of economic opportunity and segregation, but these consequences extend far beyond the boundaries of socioeconomic inequality and into the realm of health disparities.
The poorly conceived addition of infrastructure as eligible community development will at best be under-utilized and at worst a giant sucking sound draining resources from LMI neighborhoods and even threatening some of them with physical destruction.
In the middle of a worldwide pandemic and national crisis, the Office of the Comptroller of the Currency (OCC) has taken steps that could undermine the ability of states to protect their residents from the perils of high-cost loans.
OCC cracks open a debt trapdoor Read More »
COVID-19 exposed deep economic and social fault lines nationwide. It also underscored what was already going on before it: While a small number of cities were booming, most were not. In a new report on gentrification and disinvestment, covering data from 2012 through 2017, the National Community Reinvestment Coalition (NCRC) found that gentrification of once
Study: Before COVID-19 and the protests, most of the nation was struggling, not booming Read More »
