Washington, DC — Today federal officials and state Attorneys General reached an agreement with five major lenders to settle claims stemming from “robosigning” and other servicing abuses. John Taylor, president & CEO of the National Community Reinvestment Coalition (NCRC) made this statement: “The settlement recognizes that all homeowners have been damaged by widespread abuses in […]
Washington, DC — The National Community Reinvestment Coalition (NCRC) today made this statement regarding measures the Obama administration is proposing to help the ailing housing market: “If there is a problem with the President’s plan, it’s that Congress must approve it. The President has put forward some very sensible proposals to ensure that the housing market
Congress Must Act on President Obama’s Housing Proposals Read More »
Washington, DC — The National Community Reinvestment Coalition (NCRC), the nation’s preeminent advocacy group for fair lending and housing, commends President Obama’s call to resuscitate the housing market expected in his annual State of the Union speech. John Taylor, NCRC President and CEO, said: “The weakness of the market since the 2008 crash continues to
State of the Union: As Homeowners Go, So Goes the Economy Read More »
NPR Radio | All Things Considered After several months of investigation into the so-called robo-signing scandal, federal banking regulators have issued cease-and-desist orders to 14 of the nation’s largest mortgage servicers. As a result, these firms — including Bank of America, JP Morgan Chase and Wells Fargo — will have to change the way they
John Taylor on All Things Considered | April 13, 2011 Read More »
(Un)affordable Housing | WGBH Radio 89.7 Over ten million cash-strapped renters are spending more than half their paycheck on rent and utilities, according to a new study from the Harvard University Joint Center For Housing Studies. At the same time that the housing market took a dive, construction on rental properties slowed, rentals became more
John Taylor on The Callie Crossley Show | May 4, 2011 Read More »
