Consumer Reports, May 11, 2023, What to Do if You Are Denied a Mortgage Incomplete or unverifiable information is another primary reason for mortgage loan denials, according to a 2020 analysis from the National Community Reinvestment Coalition, a national organization of community groups. Besides paystubs, tax returns, and W-2 income statements from your employer, lenders […]

San Bernardino American News, May 9, 2023, Over 80 Groups Tell Federal Regulators Key Bank Broke $16.5 Billion Promise Cross-Country Redlining Aided Wealthy White Communities While Excluding Black Areas  “If you or I break a promise to our bank, they hold us accountable with fees. When a bank breaks promises, the law says there are

PR Newswire, May 9, 2023, First Horizon Commits $50 Million To Its Communities Jesse Van Tol, President and CEO of the National Community Reinvestment Coalition, commented, “First Horizon has been a reliable, trusted partner for NCRC and many of our nonprofit members for years. We are thrilled that our communities will continue to benefit from the leadership

American Banker, May 8, 2023, With TD’s Acquisition Called Off, So Is Its Community Benefits Plan The five-year agreement with community groups, which was unveiled in February, was contingent on the completion of the merger, a TD spokesperson said in a statement. The bank will continue its dialogue with the National Community Reinvestment Coalition and

Banking Dive, May 5, 2023, KeyBank agrees to third-party racial equity audit The National Community Reinvestment Coalition asked the Federal Reserve and the Office of the Comptroller of the Currency to downgrade KeyBank’s Community Reinvestment Act rating in a letter March 31. The NCRC published a report in November asserting that KeyBank had the lowest percentage of mortgage originations to Black borrowers

My Little Falls, May 8, 2023, Small Businesses – The Heart And Soul Of Today’s Rural Communities The vibrancy of any small town can be measured by the economic health of their small businesses. These community assets generate long-term economic development that meets authentic community needs. By supplying jobs to their communities, these entrepreneurs promote economic

Ohio Wesleyan University, May 8, 2023, Expanding Understanding Marquel Henry, a junior from Dayton, Ohio, and Dillon Shelton, a junior from Solon, Ohio. They used their DEI Grant to attend the Just Economy Conference 2023, held March 29-30 in Washington, D.C. Sponsored by the National Community Reinvestment Coalition (NCRC), the conference seeks to bring together “community,

Biz New Orleans, May 11, 2023, In Wake Of Scratched Merger, First Horizon Commits $50M To Foundation “First Horizon has been a reliable, trusted partner for NCRC and many of our nonprofit members for years,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition. “We are thrilled that our communities will