Nonprofit Quarterly, April 3, 2024, How To Preserve Existing Affordable Housing: The Value Of Human Scale Between 2000 and 2013, the National Community Reinvestment Coalition found that DC had the greatest “intensity of gentrification” of any US city. During this period, the study also estimates that the city lost 20,000 Black residents. In 1957, DC became the first […]
Bloomberg, April 3, 2024, Bank Stress From Empty Offices A ‘Slow Moving Train,’ Barr Says “There are pockets of risks in the system,” Barr said at an event hosted by the National Community Reinvestment Coalition in Washington. “We’re looking at things like, what’s the level on unrealized losses on the balance sheet from securities? We’re
Bloomberg: Bank Stress From Empty Offices A ‘Slow Moving Train,’ Barr Says Read More »
American Banker, April 3, 2024, CFPB’s Rohit Chopra Warns Of ‘Creep Of Consolidation” In Bank M&A Chopra touted recent efforts by federal regulators to enhance scrutiny of bank mergers in a speech at the National Community Reinvestment Coalition’s conference Wednesday. He added that regulators had lost focus on the best ways to evaluate whether a
American Banker: CFPB’s Rohit Chopra Warns Of ‘Creep Of Consolidation” In Bank M&A Read More »
American Banker, April 3, 2024, KeyBank Diffuses Community Tensions With New Agreement The National Community Investment Coalition announced Wednesday that Cleveland-based KeyBank has pledged $25 million as part of an “agreement” between the two parties that could open the door to a new community benefits plan. One year after the National Community Reinvestment Coalition asked
American Banker: KeyBank Diffuses Community Tensions With New Agreement Read More »
Cleveland.com, April 3, 2024, Fair-Lending Advocate, KeyBank Announce Plans To Rekindle Relationship NCRC said the new agreement shows that persistence pays off. “Good friends tell their friends when they’ve gotten off track,” NCRC Jesse Van Toll said in a speech Wednesday. “And NCRC is a good friend.” The dispute between KeyBank and NCRC stemmed from
Cleveland.com: Fair-Lending Advocate, KeyBank Announce Plans To Rekindle Relationship Read More »
Cambridge Day, April 1, 2024, Banking Local Is More Important Than Ever One such high-profile merger has been between Capitol One and Discovery. “Capital One is a notorious bad actor even at its current size, and should not be allowed to further concentrate market power,” said Jesse Van Tol, president and chief executive of the National Community
Cambridge Day: Banking Local Is More Important Than Ever Read More »
Arkansas Advocate, March 29, 2024, Specialized Banks To Serve The Unbanked The Answer To Minimizing Poverty, Arkansas Founder Says “It doesn’t matter if you don’t make it to the NBA or the NFL or into the entertainment industry,” he added. “I’m a barber by trade, so you can use what you have. There’s a saying,
The Bureau of Labor Statistics (BLS) monthly jobs report provides a broad look at the current state of the labor market. It is comprised of two surveys, a household survey sent to people that gauges their labor market experiences of employment and unemployment and an establishment survey sent to businesses to measure their hiring levels, hours and
The job market for college graduates remains strong but uncertainties persist Read More »
Chairman of the Board of the Federal Deposit Insurance Corporation Martin Gruenberg provided remarks and answered questions from the National Community Reinvestment Coalition’s (NCRC) President and CEO Jesse Van Tol at the 2024 Just Economy Conference.
Video: FDIC Chairman Martin Gruenberg at the 2024 Just Economy Conference Read More »
The Acting Comptroller of the Currency Michael Hsu provides remarks and answers questions from the National Community Reinvestment Coalition’s (NCRC) President and CEO Jesse Van Tol at NCRC’s Just Economy Conference.
Video: OCC Acting Comptroller Michael Hsu at the 2024 Just Economy Conference Read More »
Vice Chair of the Federal Reserve Board of Governors Michael Barr answers questions from Politico reporter Victoria Guida on April 3, 2024, at NCRC’s Just Economy Conference.
Director of the Consumer Financial Protection Bureau Rohit Chopra provides remarks and answers questions from the National Community Reinvestment Coaltion’s President and CEO Jesse Van Tol on April 3, 2024, at NCRC’s Just Economy Conference.
Video: CFPB Director Rohit Chopra at the 2024 Just Economy Conference Read More »
NCRC and KeyBank have a long history of working together to promote access to credit. However, in recent years, NCRC has raised concerns about KeyBank’s lending in minority and underserved communities and whether it has kept its promise to be a leader in inclusive home mortgage lending. NCRC’s reports have focused on certain metropolitan areas,
NCRC And KeyBank To Renew Their Relationship Read More »
NCRC head Jesse Van Tol provided an update on KeyBank and previewed the upcoming fight with Capital One at the 2024 Just Economy Conference.
Jesse Van Tol’s Keynote Speech At The 2024 Just Economy Conference Read More »
Ballard Spahr, March 27, 2024, CFPB Addresses ASC Appraisal Bias Hearings and Structure of The Appraisal Foundation Director Chopra advises that the Foundation is funded through fees that appraisers across the country must pay. In particular, appraisers must pay to receive the Uniform Standards of Professional Appraisal Practice (USPAP) published by the Foundation. Witnesses at
