NCRC looks forward to working with the new FHFA Director on affordable housing

Yesterday, the U.S. Senate confirmed Mark Calabria as the new director of the Federal Housing Finance Agency (FHFA). Jesse Van Tol, CEO of the National Community Reinvestment Coalition (www.ncrc.org), made the following statement: “I want to congratulate Mark Calabria on his confirmation. We have worked with him over the years. “There have been numerous announcements […]

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It’s time to end GSE conservatorship, but not their affordability goals.

WASHINGTON, D.C. –  Today the House Financial Services Committee Chairman, Jeb Hensarling (R-TX), unveiled a bipartisan bill to reform the government-sponsored housing enterprises (GSEs). In a press release, Hensarling vowed to end the conservatorship of Fannie Mae and Freddie Mac by winding them down completely. Hensarling’s press statement fails to mention any efforts to tackle […]

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NCRC Statement on the Release of the Johnson-Crapo Housing Finance Reform Bill

Washington, DC – Today, in reaction to the release of a draft housing finance reform bill by Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Johnson and Ranking Member Mike Crapo, NCRC President and CEO John Taylor made the following statement: “While we are encouraged that the Johnson-Crapo draft incorporates elements of a […]

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NCRC Applauds Senate Confirmation of Sarah Bloom Raskin as Deputy Treasury Secretary

Washington, DC – Today, in reaction to the Senate’s confirmation of Sarah Bloom Raskin as Deputy Secretary of the U.S. Department of the Treasury, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud the confirmation of Sarah Bloom Raskin as Deputy Secretary of the Treasury Department. During […]

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NCRC Statement on Johnson and Crapo Agreement on Housing Finance Reform

Washington, DC – Today, in reaction to an agreement on housing finance reform released by Senate Banking Committee Chairman Tim Johnson and Ranking Member Mike Crapo, NCRC President and CEO John Taylor made the following statement: “We are encouraged that the principles for housing finance reform agreed upon by Senate Banking Committee Chairman Tim Johnson […]

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NCRC to Host GSE and Housing Finance Reform Forum

Washington, DC—As the fate of Fannie Mae and Freddie Mac continues to sit in limbo, it remains unclear what the future holds for our system of housing finance. Despite the fact that Fannie Mae and Freddie Mac have played a valuable role in helping to grow the middle class in America, the reform debate has […]

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NCRC Releases GSE Reform Access White Paper

Washington, DC – Today, the National Community Reinvestment Coalition released a new white paper, “A Guarantee for the Guarantee: Two Proposals to Ensure that the Future Secondary Mortgage Market Serves All Creditworthy Borrowers.” The paper introduces two policy proposals designed to promote access and ensure that the future secondary mortgage market serves all creditworthy borrowers through […]

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