Combating Racism and Inequality in America with Democratic Ideals and Advocacy
A keynote speech by NCRC Senior Advisor Josh Silver at the annual conference of Building Alabama Reinvestment.
Community Reinvestment Act
Historic Overhaul Of Lending Equity and Community Reinvestment Act Rules Presents Crucial Opportunity To Heal National Divides
NCRC Applauds Rigorous Work To Overhaul Community Reinvestment Act In Consultation With Stakeholders
The Community Reinvestment Act and Its Connections to Health Outcomes
America’s most powerful tool for fixing economic inequality is also key to fixing inequities in public health — because wealth and health are closely linked.
Recent CRA Exams Offer Hints For How To Improve Bank Accountability To Communities
An informal survey of exams conducted in the last year identifies some areas with a glaring need for reform – and offers hints at what effective change might look like.
NCRC applauds New York expansion of state Community Reinvestment Act to cover non-banks
New York is now among a group of states, including Illinois and Massachusetts, that have recognized the need to ensure that all lenders, not just banks, make mortgages available to credit-worthy borrowers in all communities.
NCRC comment on OCC scoring methodology
(Download) February 2, 2021 RE: NCRC Comments on Docket ID OCC 2020–0025, Community Reinvestment Act regulations, methodology for determining thresholds on general performance standards To Whom it May Concern: The National Community Reinvestment Coalition, an association of community-based organizations dedicated to increasing lending and investing in underserved communities, opposes the Office of the Comptroller of …
Initial NCRC Analysis of OCC Proposal to Establish Thresholds for its New CRA Measures
The OCC has proposed yet another data collection effort to develop thresholds for its flawed 2020 Community Reinvestment Act final rule. This is another tacit admission by the OCC that all along it has lacked the data and factual basis for developing its flawed revisions to CRA examination performance measures. Instead of creating more consistency …
Initial NCRC Analysis of OCC Proposal to Establish Thresholds for its New CRA Measures Read More »
Study: Proposed Rule Changes to CRA Could Encourage Neglect of Entire Markets By Big Banks
Proposed rule changes to the Community Reinvestment Act (CRA) could encourage the neglect of entire markets by the largest banks, a new study found.
Study: Proposed Rule Changes to CRA Would Let Banks Lend Less to LMI Borrowers and Communities
Nearly all banks that earned passing marks under current rules would be able to reduce their mortgage lending to low- and moderate-income (LMI) borrowers and communities under new rules proposed for the Community Reinvestment Act (CRA), a new study found.
NCRC Applauds Federal Reserve’s Release of CRA Data
“We applaud the Federal Reserve’s release of CRA data. They are practicing transparency and we look forward to fully analyzing the data. We’re also curious what it may reveal or imply about the OCC and FDIC proposal. The OCC and FDIC have failed to release data they referenced in their rule proposal,” said Jesse Van Tol, CEO of NCRC.
Myths and Facts: A review of Otting testimony on proposed changes to the Community Reinvestment Act
The Comptroller of the Currency, Joseph M. Otting, submitted testimony in advance of his appearance before the House Financial Services Committee on Jan. 29, 2020. His testimony cited and challenged NCRC’s analysis of a proposal to overhaul rules that enforce the Community Reinvestment Act. This is NCRC’s response to Otting’s testimony.
Community Leaders Speak Up Against Proposed Changes to CRA
“We know our community leaders are extremely well-informed and understand both the dangers of the proposed rule changes and also the vagueness of some of the most important details,” said Jesse Van Tol, NCRC’s CEO.
NCRC’s Policy Director Testifies Before House on Disastrous CRA Reform Proposal
The Trump Administration’s banking regulators released a plan in December to upend the Community Reinvestment Act (CRA). Although released under the guise of being a modernization of the monumental civil rights legislation, Comptroller of the Currency Joseph Otting’s plan is a complete rewrite of the law.
NCRC Submits FOIA Request for Missing Data in CRA Proposed Rule
Today, the National Community Reinvestment Coalition (NCRC) submitted a Freedom of Information Act (FOIA) request to the Office of the Comptroller of the Currency (OCC) for records related to the agency’s plan to revise Community Reinvestment Act (CRA) rules.
Proposed Changes to the Community Reinvestment Act Will Be Disastrous for Low- and Moderate-Income Communities
The government’s plan to change how it enforces the Community Reinvestment Ac is “fundamentally flawed” and will significantly weaken the law, according to analysis of the proposal by the National Community Reinvestment Coalition (NCRC).
