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John Taylor

NCRC Responds to President Trump Declaring April as National Financial Capability Month

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in response to President Trump’s declaration of April as National Financial Capability Month, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement. “Through this declaration, President Trump has announced his support of financial capability for working Americans, but actions taken by him and some members […]

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NCRC Honors 2017 National Achievement Award Winners at Annual Conference

By / / Press Releases / 3 minutes of reading

Washington, DC – On March 29 at the National Community Reinvestment Coalition’s (NCRC) 2017 Annual Conference, “Creating a Just Economy,” NCRC presented its National Achievement Awards and honored leaders in expanding fair access to financial services. The awards ceremony featured remarks from Richard Cordray, Director of the Consumer Financial Protection Bureau, who was also an

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NCRC Mourns the Loss of Ferguson Activist Darren Seals

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Washington, DC – Today, in response to the tragic death of Darren Seals, a young activist who was one of the most outspoken voices of the Ferguson, Missouri protests, the National Community Reinvestment Coalition (NCRC) made the following statement: “We grieve not only for the devastating loss of Darren Seals as an individual, but also

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NCRC Statement on CFED and IPS Racial Wealth Gap Report, CRA, and Affordable Housing Goals

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Washington, DC – Today, in reaction to the new report from the Corporation for Enterprise Development (CFED) and the Institute for Policy Studies (IPS), “The Ever-Growing Gap: Without Change, African-American and Latino Families Won’t Match White Wealth for Centuries,” the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “The findings

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NCRC, NAACP, LULAC Call on Obama Administration to Recapitalize, Continue Reforms of Fannie and Freddie

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Washington, DC – Today, several national groups sent a letter to President Obama urging the Administration to rethink its position on the recapitalization of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and calling for their continued reform. The letter is in response to comments last week from Jacob Lew, Secretary of the U.S. Department

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NCRC Applauds Final Home Mortgage Disclosure Act Data Rule

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Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s release of a final rule regarding modifications to Regulation C, which will implement changes to the Home Mortgage Disclosure Act (HMDA), NCRC President and CEO John Taylor made the following statement: “This expansion of Home Mortgage Disclosure Act data is a very positive

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NCRC Celebrates Anniversary of the Signing of the Community Reinvestment Act

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Washington, DC – Today, on the anniversary of the date the Community Reinvestment Act (CRA) was signed into law by President Jimmy Carter in 1977, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The signing of the Community Reinvestment Act into law was a critically important moment for economic

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NCRC Statement on the Release of 2014 Home Mortgage Disclosure Act Data

By / / Press Releases / 4 minutes of reading

Washington, DC – Today, in reaction to the release of 2014 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement:“The Home Mortgage Disclosure Act data release for 2014 illustrates a disturbing and highly problematic trend with hard numbers: opportunities for homeownership are still very limited. Particularly in low-

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NCRC Statement on Updates to Common Securitization Platform

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Washington, DC – Today, in reaction to updates to the Common Securitization Platform released by the Federal Housing Finance Agency (FHFA), NCRC President and CEO John Taylor made the following statement: “The potential that the Common Securitization Platform (CSP) will be opened up in the future to entities other than government-sponsored enterprises — Fannie Mae

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NCRC Reacts to HUD’s New Proposed Revisions to Lender Certification for FHA-Insured Mortgages

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in reaction to the U.S. Department of Housing and Urban Development’s (HUD) new proposed revisions to the loan-level certifications made by lenders on mortgages insured by the Federal Housing Administration (FHA), the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “The proposed revisions are a

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NCRC Applauds Letter From 84 Members of Congress Pressing CFPB on Small Business Lending Data

By / / Press Releases / 4 minutes of reading

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded a letter sent by 84 Members of the U.S. House of Representatives, led by Representatives Donald Payne, Jr. (D-NJ) and Chris Van Hollen (D-MD), to the Consumer Financial Protection Bureau (CFPB) urging the agency to initiate rulemaking on the collection and release of small

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NCRC Reacts to Final Affordable Housing Goals Issued by Federal Housing Finance Agency

By / / Press Releases / 2 minutes of reading

Washington, DC – Today, in response to the Federal Housing Finance Agency’s (FHFA) release of its final affordable housing goal rule for Fannie Mae and Freddie Mac for 2015-2017, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “The affordable housing goal rule announced by FHFA today falls short of

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In Response to House Financial Services Hearing, NCRC Applauds FHA

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Washington, DC – Today, as U.S. Department of Housing and Urban Development Secretary Julian Castro testified before the U.S. House of Representatives Committee on Financial Services in a hearing titled “The Future of Housing in America: Oversight of the Federal Housing Administration,” NCRC President and CEO John Taylor applauded recent changes to FHA mortgage insurance

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As FHFA Director Mel Watt Testifies Before Congress, NCRC Reaffirms Support for Decision to Fund Housing Trust Fund

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Washington, DC – Today, as Federal Housing Finance Agency (FHFA) Director Mel Watt testified before the House Financial Services Committee on FHFA’s recently announced allocation of funds to the National Housing Trust Fund and Capital Magnet Fund, NCRC President and CEO John Taylor reaffirmed NCRC’s support of the decision to capitalize the funds. “NCRC is

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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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