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In Reaction to State of the Union Address, NCRC Calls For Focus on Fair Access to Credit

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to President Barack Obama’s State of the Union Address, NCRC President and CEO John Taylor made the following statement: “We commend President Obama for his focus on helping working families and combating income inequality. However, this inequality will always persist if we don’t ensure that all creditworthy Americans have […]

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NCRC Reacts to Reduction in FHA Premiums

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to President Obama’s announcement that the Federal Housing Administration (FHA) will lower mortgage insurance premiums by 0.5 percentage points for FHA loans, NCRC President and CEO John Taylor made the following statement: “We applaud President Obama for this positive step, which will be beneficial to working families striving to

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NCRC Applauds FHFA’s Decision to Fund National Housing Trust Fund and Capital Magnet Fund

By / / Press Releases / 1 minute of reading

Washington, DC – Today, in response to the announcement by the Federal Housing Finance Agency (FHFA) that it would begin setting aside and allocating funds to the National Housing Trust Fund and Capital Magnet Fund, the National Community Reinvestment Coalition (NCRC)’s President and CEO John Taylor made the following statement: “We applaud the FHFA for

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NCRC Applauds Enhancements to Home Affordable Modification Program

By / / Press Releases / 1 minute of reading

Washington, DC – Today, in response to the announcement of enhancements to the Home Affordable Modification Program (HAMP) by the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development, the National Community Reinvestment Coalition (NCRC)’s President and CEO John Taylor made the following statement: “NCRC applauds the Treasury Department and

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NCRC Director of Legislative and Policy Advocacy Mitria Wilson Selected as One of HousingWire’s 2014 Influential Women in Housing

By / / Press Releases / 2 minutes of reading

Washington, DC – Mitria Wilson, NCRC Director of Legislative and Policy Advocacy, has been named as one of HousingWire’s 2014 Influential Women in Housing.   “I am incredibly honored to be selected as one of HousingWire’s 2014 Women of Influence and equally grateful to NCRC’s staff and CEO, John Taylor, for their team effort in

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Consumer Advocacy Groups Submit Comment on the CFPB’s Proposed Home Mortgage Disclosure Act Data Rule

By / / Press Releases / 1 minute of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) and other consumer advocacy organizations submitted a joint comment letter to the Consumer Financial Protection Bureau (CFPB) regarding the proposed modifications to Regulation C, which will implement changes to the Home Mortgage Disclosure Act (HMDA). The letter applauds the expanded collection of data elements and

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NCRC Calls for Strengthening of FHFA’s Proposed Affordable Housing Goals

By / / Press Releases / 1 minute of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) submitted a comment letter on the Federal Housing Finance Agency’s proposed 2015-2017 Enterprise Housing Goals. “The affordable housing goals proposed by FHFA fall far short of what will be needed to ensure that all creditworthy Americans have access to mortgages,” said NCRC President and CEO

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NCRC Statement on the Release of 2012 Home Mortgage Disclosure Act Data

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the release of 2012 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement: “Today, the federal government released Home Mortgage Disclosure Act data for 2012. The data shows a recovering housing market but also illustrates the prevalence of persistent racial disparities

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AT NCRC CONFERENCE, GRASSROOTS COMMUNITY LEADERS WILL GATHER TO PUSH FOR ECONOMIC JUSTICE

By / / Press Releases / 2 minutes of reading

Washington, DC — On March 20-23, the National Community Reinvestment Coalition will hold its annual conference, and bring together hundreds of community organizations from across the nation. This year’s conference theme is “A Just Economy: Building Community Prosperity from the Ground Up.” “At the 2013 NCRC annual conference, community organizations from across the nation will

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NCRC Applauds HUD Disparate Impact Rule

By / / Press Releases / 1 minute of reading

Washington, DC – Today, the National Community Reinvestment Coalition applauded the U.S. Department of Housing and Urban Development’s (HUD) issuance of a rule on the “Implementation of the Fair Housing Act’s Discriminatory Effects Standard.” NCRC President and CEO John Taylor made the following statement: “We applaud HUD for formalizing in their rulemaking that the Fair

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NCRC Statement on FHA’s 2012 Annual Financial Status Report

By / / Press Releases / 2 minutes of reading

  Washington, DC– Today, NCRC President and CEO John Taylor made the following statement on FHA’s 2012 Annual Financial Status report: “After 78 years of the Federal Housing Administration (FHA) doing things right and performing well from a fiscal perspective, the recent news about its financial health must be seen in perspective. Without FHA, and

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National Neighbors Silver Film RFP

By / / Uncategorized / 2 minutes of reading

National Neighbors Film RFP As the United States suffers from historically high rates of foreclosure and unemployment, older adults across the nation are not only more numerous than past generations, but also more susceptible to financial insecurity. Financial abuse and the economic downturn have left thousands of seniors struggling to make ends meet, unable to

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NCRC Statement on CFPB Oversight of Debt Collectors

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) newly published rule allowing the agency to regulate the debt collection industry, NCRC President and CEO John Taylor made the following statement: “The CFPB should be commended for taking steps to reign in the debt collection industry and protect consumers from unsavory

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New Data Shows Continued Constricted Credit, Racial Disparities in Lending

By / / Press Releases / 3 minutes of reading

  Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) said that new data released by the Federal Financial Institutions Examination Council showed continued constriction of credit, particularly for low- and moderate income communities and communities of color, and significant disparities in lending by race. The volume of home lending was 7.1 million loans

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