Communities

Rural Communities and Several Major Urban Areas Bear Brunt of Bank Branch Closures Since Financial Crisis With Emergence of 86 New ‘Banking Deserts,’ NCRC Report Says

Maryland, Nevada, Georgia experience largest state-level declines in bank branches, NCRC report says. Biggest county-level declines in Baltimore County, Md.; Marion County, Ind.; Philadelphia, Pa. Click here to visit the web tool. Washington, DC – Due to the closure of more than 6,000 bank branches nationwide since the financial crisis, rural communities around the country are experiencing a troubling …

Rural Communities and Several Major Urban Areas Bear Brunt of Bank Branch Closures Since Financial Crisis With Emergence of 86 New ‘Banking Deserts,’ NCRC Report Says Read More »

NCRC’s Small Business Teaming Center to Hold Inaugural Event

Washington, DC — On Tuesday, July 24, the National Community Reinvestment Coalition’s Small Business Teaming Center will hold an event to introduce the procurement community to the concept of small business teaming, and give small business owners the opportunity to network. NCRC’s Small Business Teaming Center puts together teams of small businesses with complementary capabilities …

NCRC’s Small Business Teaming Center to Hold Inaugural Event Read More »

CFPB Action Against Capital One Confirms Issues Raised During Acquisition Challenge by NCRC

Washington, DC –  The National Community Reinvestment Coalition (NCRC) today applauded the Consumer Financial Protection Bureau for their enforcement action against Capital One. The action follows NCRC’s challenge of Capital One’s acquisition of ING Direct and HSBC’s credit card unit. NCRC argued that the company should not be allowed to become Too-Big-to-Fail given its record …

CFPB Action Against Capital One Confirms Issues Raised During Acquisition Challenge by NCRC Read More »

NCRC and ANHD Release Local Responsible Banking Ordinance Resources

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and its member organization, the Association for Neighborhood and Housing Development (ANHD), released a set of resources to aid the advancement of local responsible banking ordinances in cities throughout the nation. Local responsible banking ordinances are laws designed to ensure responsible loans, investments, and services …

NCRC and ANHD Release Local Responsible Banking Ordinance Resources Read More »

NCRC to Testify Before Congress on Need to Reform Appraisal Process

Washington, DC – Today, David Berenbaum, Chief Program Officer of the National Community Reinvestment Coalition (NCRC), will testify in a hearing before the Congressional Subcommittee on Insurance, Housing, and Community Opportunity. In the hearing, entitled Appraisal Oversight: The Regulatory Impact on Consumers and Businesses, NCRC will call upon Congress to enact a series of reforms …

NCRC to Testify Before Congress on Need to Reform Appraisal Process Read More »

GROWTH Initiative Announced by President Clinton at CGI America

Generating Real Opportunities for Work Transforming Housing Initiative Announced by President Clinton at Clinton Global Initiative America Meeting Washington, DC – The National Community Reinvestment Coalition (NCRC) and its principal partners, including Chicanos Por La Causa (CPLC), NALCAB—National Association for Latino Community Asset Builders and the AFL-CIO Building and Construction Trades Department (BCTD), introduced today …

GROWTH Initiative Announced by President Clinton at CGI America Read More »

NCRC Partners with HOPE LoanPort™ to Assist Homeowners

Organization Praises Web Portal as Complete Solution for Submitting Loan Modification Applications (WASHINGTON, DC) – HOPE LoanPort™ announced today that the National Community Reinvestment Coalition (NCRC), an association of more than 600 community-based organizations, is endorsing its web-based loan modification portal. Both the NCRC and many of its members are already using the groundbreaking new …

NCRC Partners with HOPE LoanPort™ to Assist Homeowners Read More »

Mission

NCRC Mission Statement NCRC and its grassroots member organizations create opportunities for people to build wealth. We work with community leaders, policymakers and financial institutions to champion fairness in banking, housing and business development. For a brief summary of NCRC’s programs, please click on the image below. 

NCRC Releases Safe & Sound Lending in Neighborhoods Study (Sept 2010)

Community Reinvestment Act Mitigates Damage to Communities Caused by Financial Crisis A new study by the National Community Reinvestment Coalition finds that Community Reinvestment Act (CRA) regulated lenders avoided significant decreases in lending accompanied by the current foreclosure crisis and severe recession. The study compared home and small businesses lending and bank branching in two …

NCRC Releases Safe & Sound Lending in Neighborhoods Study (Sept 2010) Read More »

Sign-On Letter to Chairman Frank – Aug. 16, 2010

 

Barney Frank pic

 

 

 

 

 

 

 

 

 

 

 

Dear Chairman Frank:

First, we would like to congratulate you and thank you for your leadership in enacting financial regulatory reform that will go a long way towards leveling the playing field for consumers, increasing the safety and soundness of our financial system and helping to curb the worst abuses that caused the economic collapse. We want to thank you in particular for including enhancements to the Home Mortgage Disclosure Act and small business lending data in financial reform.

Congressman Luis Gutierrez Remarks – July 30, 2010

Congressman Luis Gutierrez (D-IL) has issued this video call to action, calling on his colleagues to support our efforts to strengthen and expand the Community Reinvestment Act. We’re working with the Congressman and his colleagues to move legislation expanding and strengthening CRA in the coming months, and we thank him for his leadership on this …

Congressman Luis Gutierrez Remarks – July 30, 2010 Read More »