Myth: The Community Reinvestment Act (CRA) caused the foreclosure crisis. Facts: The majority of subprime loans were originated by non-CRA covered financial institutions. In fact, only about 25 percent of sub-prime loans were made by institutions covered by CRA.¹ CRA was passed in 1977. The explosive growth in subprime lending occurred more than two decades […]
CRA Myth and Fact Read More »
NCRC is seeking affiliates nationally that are dedicated housing counseling agencies to provide expanded foreclosure prevention counseling to delinquent borrowers throughout the United States.
NCRC Funding Announcement Read More »
 High Cost Lending on Indian Reservations – Watch Out if You Are Buying a Home
 The Broken Credit System: Discrimination and Unequal Access to Affordable Loans by Race and Age
 Homeownership and Wealth Building Impeded
Homeownership and Wealth Building Impeded (04/2006) Read More »
 The 2004 Fair Lending Disparities: Stubborn and Persistent
The 2004 Fair Lending Disparities: Stubborn and Persistent (04/2005) Read More »
 The 2005 Fair Lending Disparities: Stubborn and Persistent II
The 2005 Fair Lending Disparities: Stubborn and Persistent II (05/2006) Read More »
 Inequalities in Small Business Lending by Income and Race of Neighborhood
Inequalities in Small Business Lending by Income and Race of Neighborhood (10/2004) Read More »
In a recent speech at the Federal Reserve Bank of Atlanta, Jim Carr, NCRC’s Chief Operating Officer, offered some thoughts on the future of the housing market. Jim prefaced his housing policy recommendations with a discussion of the current foreclosure crisis that he argues will impact housing and community development for years to come–particularly as
NCRC COO Jim Carr Speaks at the Federal Reserve Bank of Atlanta Read More »
 The CRA and Fair Lending Performance of Major Banks in New Orleans
The CRA and Fair Lending Performance of Major Banks in New Orleans (06/2008) Read More »
This week, NCRC filed comments to the SEC regarding proposed rules that will address how rating agencies are regulated. These comments follow NCRC’s letter to the SEC in April asking for an investigation of the practices of the nation’s largest rating agency companies. Click here to read NCRC’s filed comments, as well as its April
NCRC Files Comments to SEC Seeking Greater Rating Agency Accountability Read More »
This week, NCRC filed comments to the US Department of Treasury and US Department of Housing and Urban Development regarding the future of the Government Sponsored Enterprises (GSEs), the regulation of the housing finance system, and the role of government in the finance system. Click here to download the Comments as a PDF
NCRC Files Comments to Treasury Regarding Reform of GSEs Read More »
National Training Academy The National Community Reinvestment Coalition’s National Training Academy offers substantive state-of-the-art training and technical assistance both on-site and online via webinars. The extensive curriculum ranges from courses on The Community Reinvestment Act (CRA), fair lending laws, Home Mortgage Disclosure Act (HMDA), Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA),
About the National Training Academy Read More »
On July 14, Jim Carr, NCRC’s Chief Operating Officer, addressed more than 6,000 attendees at NAACP’s 99th Annual Convention themed “Power, Justice, Freedom, Vote”.
Speaking before audience members at Cincinnati’s Duke Energy Center, Jim gave a compelling address, titled ‘Understanding the Foreclosure Crisis: Don’t Believe the Hype!’, clarifying the origins and consequences of the subprime crisis on hard hit communities.
NCRC COO Addresses Attendees at NAACP’s 99th Annual Convention Read More »
The National Community Reinvestment Coalition (NCRC) and the U.S. Department of Housing and Urban Development (HUD) are teaming up to offer a series of forums that will address issues related to foreclosure. Participants will have the opportunity to interact with local and national experts involved in enforcing fair lending laws, developing foreclosure prevention strategies and operating government programs that help families remain in the homes that they have worked so hard to obtain.
NCRC and HUD Team Up for a Series of Forums on Foreclosures Read More »
