Amid a sharp rise in anti-Asian hate crimes, some Asian Americans living in the Mountain West say they are not surprised by the mass shootings at Atlanta-area spas this week that left eight people dead, including six women of Asian descent.
Small bank market shares and deposits are increasing in Oklahoma, Federal Deposit Insurance Corporation data reveals.
yahoo!news: Oklahoma banks see increased deposits, market shares Read More »
Republican Rep. Tom McClintock really wants people to think that structural racism doesn’t exist.
First Citizens Bank announced a $16 billion community benefits plan — developed in collaboration with the National Community Reinvestment Coalition — that builds on its work to reinvest in low- and moderate-income communities and neighborhoods of color.
The Times and Democrat: First Citizens to aid low-income communities Read More »
Starting in the early 2000s gentrification crept through the cracks of the city. In 2019, a study from the National Community Reinvestment Coalition found that D.C. had the most gentrifying neighborhoods of any city in the country.
One of NCRC’s most important membership tools is its Fair Lending Report, a suite of interactive dashboards that detail national and community-based practices as it relates to topics such as mortgages and business lending.
Recovery Decision Science: NCRC and the RDS Tableau Zen Masters Read More »
U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge will be a featured speaker at the 2021 Just Economy Conference, which will be held online beginning May 3. Other confirmed speakers include U.S. Senators Elizabeth Warren and Sherrod Brown, Federal Reserve Board Chair Jerome Powell and Pulitzer-prize winning journalist Nikole Hannah-Jones.
HUD Secretary Fudge to Speak at 2021 Just Economy Conference Read More »
Black America was in an economic crisis before COVID-19, and recovery for Black-owned businesses will require solutions to the economic preconditions that made success and wealth accumulation so difficult to achieve before the pandemic, a new report found.
Black America was in an economic crisis before COVID-19, and recovery for Black-owned businesses will require solutions to the economic preconditions that made success and wealth accumulation so difficult to achieve before the pandemic, a new report found.
(Download) April 5, 2021 Mr. Dave Uejio Acting Director Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Re: Docket No. CFPB-2021-0003, Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z): General QM Loan Definition; Delay of Mandatory Compliance Date Dear Acting Director Uejio: We the undersigned civil rights organizations are
Having access to affordable child care is essential to having labor force participation from women, who, due to sexist societal and traditional gender roles combined with lower wages than men, struggle between workforce participation or the care and education of their children.
Women need child care; child care needs to change Read More »
This was the right move and essential to keep people safe and in their homes. The pandemic isn’t over, the financial crisis it created for millions of families isn’t over, and evictions now would make the situation much worse.
NCRC Applauds CDC Decision to Extend Eviction Moratorium Read More »
Entrepreneurship is not a successful venture without the right tools. One of these tools is access to credit – the money needed to start a business, expand or deal with ebbs and flows in revenue.
The following are principles of reform; if the agencies contradict or contravene these principles, we will oppose any additional regulatory changes just as we have opposed the OCC final rule. Reforming CRA must not become a pretext for relaxing CRA.
Principles for CRA Reform: Strengthen Communities, Exams and Accountability Read More »
In a previous article, I described how some big issues on reforming the Community Reinvestment Act (CRA) exposed a considerable difference of views among community groups and the banking industry. However, there was some convergence of views on a series of other important issues, including performance measures and ratings categories. On these issues, the remaining differences appear to be manageable.Â
