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NCRC Statement on the Release of 2013 Home Mortgage Disclosure Act Data

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the release of 2013 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement: “The Home Mortgage Disclosure Act data for 2013 makes it clear that there is a closing window of opportunity for low- and moderate-income communities and communities of color. […]

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NCRC Report Charts Lending Deserts and Oases for U.S. Small Businesses, Reveals Plummet in Access to Loans

By / / Press Releases / 3 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released “Small Business Lending Deserts and Oases,” a breakthrough report on small business lending trends in the United States and disparities in access to credit for small businesses. This is one of the first reports to comprehensively map small business lending “deserts” and small business

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NCRC and Urban Financial of America Announce Reverse Mortgage Fair Lending Collaboration

By / / Press Releases / 1 minute of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and Urban Financial of America, LLC (UFA), one of the largest reverse mortgage lenders in the country, announced a collaboration to focus on fair lending to older adults. NCRC will serve in an advisory role to assist UFA with providing Home Equity Conversion Mortgages (HECMs) to

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NCRC to Host Ohio Reinvestment Summit on September 8 in Cleveland

By / / Press Releases / 2 minutes of reading

Washington, DC – On Monday, September 8 the National Community Reinvestment Coalition (NCRC) will host a statewide summit in Cleveland on community reinvestment and neighborhood revitalization in Ohio. The Ohio Reinvestment Summit will feature a keynote address by U.S. Senator Sherrod Brown and include seminars and workshops on community reinvestment, foreclosure prevention, economic revitalization, community development,

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NCRC Community Development Fund Receives $420,000 Award from CDFI Fund

By / / Press Releases / 2 minutes of reading

Washington, DC — The National Community Reinvestment Coalition Community Development Fund (NCRC CDF) has been awarded $420,000 from the Community Development Financial Institutions (CDFI) Fund. This week, the CDFI Fund announced that it has awarded more than $160 million to 152 organizations through the FY2014 round of the CDFI program. “The NCRC Community Development Fund

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NCRC Releases White Paper on Improving the Quality and Accessibility of Small Business Loan Data

By / / Press Releases / 3 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released “Recommendations to the Consumer Financial Protection Bureau for Implementing Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010,” a white paper presenting recommendations on the collection and public availability of small business loan data from financial institutions. “The collection

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