Rohit Chopra’s prior experience as an Associate Director and Student Loan Ombudsman at the CFPB and most recently as a Federal Trade Commissioner demonstrates his strong commitment to the CFPB’s core mission to protect American consumers from unfair, abusive or deceptive financial practices and products.
NCRC applauds confirmation of Rohit Chopra to lead CFPB Read More »
This article was co-produced and co-published with the Nonprofit Quarterly. The United States is a country built on the genocide and taking of land of Indigenous peoples, as well as turning enslaved Africans into the private wealth of White citizens. This has created a nation whose riches are highly concentrated among White Americans. Even after landmark
Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership Read More »
The National Community Reinvestment Coalition (NCRC) has filed fair housing complaints against three real estate providers for discriminating against prospective Asian American clients.
NCRC Files Complaints Against Real Estate Agents For Anti-Asian Business Practices Read More »
The US Department of Housing and Urban Development (HUD) has appointed six new members to its Housing Counseling Federal Advisory Committee, including Ibijoke Akinbowale, director of the National Community Reinvestment Coalition’s (NCRC) Housing Counseling Network (HCN).
NCRC Director Ibijoke Akinbowale Appointed to HUD Advisory Committee Read More »
Yesterday, President Biden announced the nomination of Cornell Law School Professor Saule Omarova to be the next Comptroller of the Currency.
NCRC statement on nomination of Saule Omarova as Comptroller of the Currency Read More »
of this national health crisis will take longer than initially expected. Utilizing art to process loss, explore themes of inequity in health and advocate for a more just society has a much-needed place in the creativity and function of community.
COVID Creative Placemaking Read More »
Alan Fisher, founding director of the California Reinvestment Coalition, died Thursday, September 16, 2021, surrounded by family, following a hard-fought battle with cancer. In the world of housing and economic justice, Alan was a titan who advocated for working-class families, communities of color, and small-business owners. “The world seems a little sadder today than it
Not only is it feasible, it is also constitutional to add a robust consideration of race to the requirements of the Community Reinvestment Act (CRA), a new report argues. The report, from the National Community Reinvestment Coalition (NCRC) and the civil rights law firm Relman Colfax PLLC, calls on CRA regulators at the Office of
CRA regulations, examination procedures should include explicit focus on race Read More »
The Paycheck Protection Program (PPP) was a small business lending program created by Congress in 2020 to provide loans to save businesses from the economic impacts of the COVID-19 pandemic. There were two characteristics of this program that made it unique. First, a PPP loan could convert to a forgivable grant if the business spent
Business Structure of Small Businesses May Matter More Than We Knew Read More »
Today, national civil rights, housing policy, and consumer protection groups released a letter sent to Congressional leadership and committee chairs calling for inclusion of housing policies that would advance racial and economic equity in the upcoming human infrastructure reconciliation legislation. The letter, linked here, was signed by the Center for Responsible Lending, The Leadership Conference
FedNow System Must Not Launch Until it is Safe The Federal Reserve Board must do more to protect consumers, small businesses and other users from fraud and mistakes in the new “FedNow” instant person-to-person (P2P) system that it is developing, according to comments submitted today by consumer, small business, community and legal services groups. One
Fed Must Do More to Protect Consumers From Fraud and Mistakes in New P2P Payment System Read More »
The OCC proposed to fully rescind the 2020 CRA rule and also restated the agency’s intent to draft new rules jointly with the Federal Reserve Board and FDIC.
Lawsuit paused after OCC moves to fully rescind disastrous 2020 CRA Rule Changes Read More »
A new events and office space designed for social sector nonprofits has opened in the historic Union Trust building at 15th and H Streets, just around the corner from The White House. The Just Economy Club, at 740 15th St. NW, offers members private offices with room for teams of up to eight people, shared
Social determinants of health refer to the social, economic and physical conditions, where people live, work and play in an environment that affects health, such as housing, jobs, transportation and food access. This past July, a bipartisan Congressional Social Determinants of Health Caucus was formally launched by Reps. Cheri Bustos, G.K. Butterfield, Tom Cole and
implementing Section 1071, the portion of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) that required the CFPB to collect and publish small business lending data.
