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NCRC, Innovation Council Call For CFPB To Clarify Lender Demographic Data Guidance

By / / Views / 2 minutes of reading

The National Community Reinvestment Coalition (NCRC) and a majority of its Innovation Council for Financial Inclusion (IC) called on the Consumer Financial Protection Bureau (CFPB) to clarify how lenders can request and use customer demographic data including race. Such clarity would help lenders to self-test for fair lending by soliciting such data. Federal fair lending […]

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New report details policy proposals to bridge the racial wealth divide

By / / Press Releases / 2 minutes of reading

The racial wealth divide is greater today than it was nearly four decades ago and trends point to its continued widening. A new report, “Ten Solutions to Bridge the Racial Wealth Divide,” released by the Institute for Policy Studies and Kirwan Institute for the Study of Race and Ethnicity, with the National Community Reinvestment Coalition, takes stock of the problem and offers ten bold solutions.

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