NCRC Celebrates Anniversary of the Signing of the Community Reinvestment Act
Washington, DC – Today, on the anniversary of the date the Community Reinvestment Act (CRA) was signed into law by President Jimmy Carter in 1977, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The signing of the Community Reinvestment Act into law was a critically important moment for economic
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NCRC Letter in Support of the Women’s Small Business Ownership Act of 2015
 NCRC Letter in Support of the Women’s Small Business Act of 2015
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Community Organizations to Hold Reinvestment Summit in Baltimore
Baltimore, MD – On Monday, September 28 the National Community Reinvestment Coalition (NCRC) will host a statewide summit in Baltimore on community reinvestment and neighborhood revitalization in Maryland. The Maryland Reinvestment Summit will feature keynote addresses by U.S. Congressman Elijah Cummings and Benjamin Jealous, Partner at Kapor Capital. The Summit will include seminars and workshops
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NCRC Statement on the Release of 2014 Home Mortgage Disclosure Act Data
Washington, DC – Today, in reaction to the release of 2014 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement:“The Home Mortgage Disclosure Act data release for 2014 illustrates a disturbing and highly problematic trend with hard numbers: opportunities for homeownership are still very limited. Particularly in low-
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NCRC Statement on Updates to Common Securitization Platform
Washington, DC – Today, in reaction to updates to the Common Securitization Platform released by the Federal Housing Finance Agency (FHFA), NCRC President and CEO John Taylor made the following statement: “The potential that the Common Securitization Platform (CSP) will be opened up in the future to entities other than government-sponsored enterprises — Fannie Mae
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NCRC Reacts to HUD’s New Proposed Revisions to Lender Certification for FHA-Insured Mortgages
Washington, DC – Today, in reaction to the U.S. Department of Housing and Urban Development’s (HUD) new proposed revisions to the loan-level certifications made by lenders on mortgages insured by the Federal Housing Administration (FHA), the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “The proposed revisions are a
NCRC Applauds Letter From 84 Members of Congress Pressing CFPB on Small Business Lending Data
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded a letter sent by 84 Members of the U.S. House of Representatives, led by Representatives Donald Payne, Jr. (D-NJ) and Chris Van Hollen (D-MD), to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small
NCRC Reacts to Final Affordable Housing Goals Issued by Federal Housing Finance Agency
Washington, DC – Today, in response to the Federal Housing Finance Agency’s (FHFA) release of its final affordable housing goal rule for Fannie Mae and Freddie Mac for 2015-2017, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The affordable housing goal rule announced by FHFA today falls short of
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NCRC Mourns the Passing of Julian Bond
Washington, DC – Today, in reaction to the passing of civil rights leader Julian Bond, NCRC President and CEO John Taylor made the following statement: “We have lost one of the great leaders of the civil rights movement and a great man. Julian Bond was an ever-present voice of fairness and reason. He will be
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NCRC Statement on Court Ruling to Overturn New York City’s Responsible Banking Act
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) reacted in disappointment to the ruling by U.S. District Judge Katherine Polk Failla overturning New York City’s Responsible Banking Act in The New York Bankers Association v. The City of New York. The Responsible Banking Act is one of several responsible banking ordinances that U.S.
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NCRC Statement in Opposition to Shelby Provisions in Appropriations Bill
Washington, DC — Today, in reaction to the incorporation of Senator Richard Shelby’s financial deregulation bill and language submitting the CFPB to annual appropriations into appropriations legislation, NCRC President and CEO John Taylor made the following statement: “It is deeply disturbing that on the week of the fifth anniversary of the Dodd-Frank Act, some members
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NCRC Statement on the OCC Approval of OneWest-CIT Merger
Washington, DC – Today, in response to the Office of the Comptroller of the Currency’s (OCC) conditional approval of the merger between OneWest Bank and CIT Bank, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “It is a positive sign that the regulator held public hearings on this
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Comment Letter on Proposed Revisions to Application for FHA Insured Mortgage
Comment Letter on Proposed Revisions to Application for FHA Insured Mortgage Download the letter Â
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