COVID-19

Letter to Congress: Letter from over 50 groups in support of mortgage relief in next covid-19 relief package

July 28, 2020  Majority Leader Mitch McConnell United States Senate Washington, DC 20510  Minority Leader Chuck Schumer United States Senate Washington, DC 20510  Chairman Mike Crapo Senate Committee on Banking, Housing and Urban Development Washington, DC 20510  Ranking Member Sherrod Brown Senate Committee on Banking, Housing and Urban Development Washington, DC 20510  Re: Support for …

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COVID-19 and the CFPB Consumer Complaint Database

Local businesses are devastated and state agencies overwhelmed as people stay at home to preserve their health and apply for government assistance to maintain financial solvency. An unexpected side effect of this was a simultaneous increase in consumer complaints filed with the Consumer Finance Protection Bureau (CFPB).

NCRC Statement on New PPP Flexibility Act

This week, the Senate passed the Payment Protection Program (PPP) Flexibility Act, already passed by the House in May, sending the bill to the president, who is expected to sign it into law. While the act makes necessary improvements to the PPP, more needs to be done to ensure money is going to minority and women-owned businesses and the smallest small businesses.