Washington, DC – Mitria Wilson, NCRC Director of Legislative and Policy Advocacy, has been named as one of HousingWire’s 2014 Influential Women in Housing. “I am incredibly honored to be selected as one of HousingWire’s 2014 Women of Influence and equally grateful to NCRC’s staff and CEO, John Taylor, for their team effort in …
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and other consumer advocacy organizations submitted a joint comment letter to the Consumer Financial Protection Bureau (CFPB) regarding the proposed modifications to Regulation C, which will implement changes to the Home Mortgage Disclosure Act (HMDA). The letter applauds the expanded collection of data elements and …
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) submitted a comment letter on the Federal Housing Finance Agency’s proposed 2015-2017 Enterprise Housing Goals. “The affordable housing goals proposed by FHFA fall far short of what will be needed to ensure that all creditworthy Americans have access to mortgages,” said NCRC President and CEO …
NCRC Calls for Strengthening of FHFA’s Proposed Affordable Housing Goals Read More »
The following charts provide a state-by-state breakdown of how the Government Sponsored Enterprises’ affordable housing goals benefit the entire country. The charts are available for each state as well as in an aggregated document.
Please join us for an important conversation about the future of the government-sponsored enterprises and housing finance reform on Friday, January 31 at 8:30 a.m. “Locked Out: What Losing Fannie, Freddie, and the Affordable Housing Goals Will Mean for the American Dream” will tackle two critical questions in the reform debate: Can we afford …
You are cordially invited to attend the National Community Reinvestment Coalition’s timely forum on the future of the government sponsored enterprises and housing finance reform called “Locked Out: What Losing Fannie, Freddie, and the Affordable Housing Goals Will Mean for the American Dream.” The event will consist of two panels focused on issues critical to …
Washington, DC – Today, the National Community Reinvestment Coalition released a new Fair Housing Planning Resource Guide, entitled “Understanding the Proposed Affirmatively Furthering Fair Housing Rule.” This guide is intended to serve as resource for housing & community development professionals who are seeking to understand the recently proposed United States Department of Housing & Urban …
Washington, DC – Today, the National Community Reinvestment Coalition released a new white paper, “A Guarantee for the Guarantee: Two Proposals to Ensure that the Future Secondary Mortgage Market Serves All Creditworthy Borrowers.” The paper introduces two policy proposals designed to promote access and ensure that the future secondary mortgage market serves all creditworthy borrowers …
On June 25, 2013, Senators Bob Corker (R-TN) and Mark Warner (D-VA) introduced “The GSE Reform Act of 2013.” A bipartisan group of five senators co-sponsored the bill, including Senators Heidi Heitkamp (D-ND), Dean Heller (R-NV), Mike Johanns (R-NB), Jerry Moran (R-KS), and Jon Tester (D-MT). Unfortunately, the Corker-Warner legislation is problematic and raises significant …
NPR Radio | All Things Considered After several months of investigation into the so-called robo-signing scandal, federal banking regulators have issued cease-and-desist orders to 14 of the nation’s largest mortgage servicers. As a result, these firms — including Bank of America, JP Morgan Chase and Wells Fargo — will have to change the way they …
John Taylor on All Things Considered | April 13, 2011 Read More »
(Un)affordable Housing | WGBH Radio 89.7 Over ten million cash-strapped renters are spending more than half their paycheck on rent and utilities, according to a new study from the Harvard University Joint Center For Housing Studies. At the same time that the housing market took a dive, construction on rental properties slowed, rentals became more …
John Taylor on The Callie Crossley Show | May 4, 2011 Read More »
Fannie Mae and Freddie Mac are known as Government-Sponsored Enterprises (GSEs) because of considerable benefits, such as tax exemptions, that they receive from the Federal government. The GSEs serve a critical function as they buy loans from banks, enabling banks to make more loans. With GSE reform as a major priority for Congress, NCRC will …
