American Banker, September 29, 2022, Judge reverses Trump-era HMDA rule, forcing small mortgage lenders to comply “It’s really important that we have well-substantiated rules that can stand the test of time, whatever administration is in power,” said Brad Blower, general counsel at the National Community Reinvestment Coalition, one of five nonprofits that sued the CFPB. […]
Millions of families who have been invisible to the mortgage industry will gain access to the generational wealth-building opportunity of homeownership.
NCRC Statement On FHFA Credit Score Model Changes Read More »
Real estate appraisers discriminated against Black homeowners in a pioneering new “mystery-shopper” investigation, the first of its kind to be published.
We asked black-white interracial couples to test home appraisers for bias. Here’s what they experienced.
‘The latest episode in a decade-long political crusade to kneecap the agency so that bad actors can go back to preying upon working-class families.’
NCRC Statement On 5th Circuit Attack On CFPB Funding Read More »
The MCAP program will provide grants ranging from $20,000 to $50,000 for three to six organizations to support and scale microbusinesses owned by people of color.
NCRC Launches Capital Accelerator Program for Business Resource Providers Read More »
“If even the titans of finance can be successfully discouraged from seeking ILC charters, that’s a win for the American consumer.”
NCRC Statement On Edward Jones Withdrawing Its ILC Charter Application Read More »
NCRC’s membership includes more than 600 community-focused organizations in 44 states. Here’s an introduction to one of them, Affordable Homeownership Foundation, from their Executive Director, Jason Schulz.
NCRC Member Profile: Affordable Homeownership Foundation, Inc. Read More »
What do you know about Web3? Is it going to change the way we bank by the year 2030? Some policymakers believe that Web3, a blockchain-based option for the Worldwide Web, will replace fintech as the next “new thing” in financial services. Web3 has the potential to enhance consumer privacy and counter the power of
Video: What Will Banking Look Like in 2030? Read More »
Powerful corporations are mounting an audacious new attack on the federal government’s work to protect Americans from discrimination.
Why Banks Are Suing For The Right To Discriminate – And Why They’re Wrong Read More »
We are excited to announce the #WelcomeMe social media contest!
NCRC, HUD Announce #WelcomeMe Campaign For Fair Housing Read More »
Better Markets, September 29, 2022, Federal Reserve’s Climate Scenario Analysis Is A Welcome First Step In Addressing Climate Risks But Must Have Supervisory Consequences Phillip Basil, Director of Banking Policy at Better Markets, issued the following statement on the Federal Reserve’s announcement of a “pilot” climate scenario analysis exercise for 2023: “The Federal Reserve’s official announcement of
American Banker, September 28, 2022, Fed Proposes Permanent Extension Of Real Estate Debt Leniency The Federal Reserve wants lenders to remain patient with commercial real estate borrowers that struggle to service their debts. In a policy statement proposed this week, Fed staffers petitioned the Board of Governors to make a series of tweaks to its
American Banker: Fed Proposes Permanent Extension Of Real Estate Debt Leniency Read More »
Insider Intelligence, September 27, 2022, Green Banking Groups Need Clarity On How Best To Deal With Climate Change What we’ve been noticing: Groups of banks set up to combat climate change are taking differing approaches as they look to cut carbon emissions while dealing with a complex and increasingly politicized problem.
Vox, September 27, 2022, The Child Care Crisis Just Keeps Getting Worse On the Senate floor in early August, just two days before lawmakers voted to pass the Inflation Reduction Act, four senior Democrats came out to lament what they believed to be the bill’s biggest omission: child care.
Vox: The Child Care Crisis just Keeps Getting Worse Read More »
