NCRC Statement on Final Revisions to CRA Q&A

Washington, DC – Today, in reaction to the bank regulatory agencies’ release of final revisions to “Interagency Questions and Answers Regarding Community Reinvestment,” NCRC President and CEO John Taylor made the following statement: “We are profoundly disappointed that the agencies have not undertaken desperately needed reforms that would update the Community Reinvestment Act (CRA) to take into account significant changes […]

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NCRC Testifies Before Congress on Financial Technology and Marketplace Lending

Washington, DC – Today, the National Community Reinvestment Coalition’s Director of Policy and Government Affairs Gerron Levi testified before the U.S. House of Representatives Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit regarding financial technology (FinTech) and marketplace lending. In the testimony, NCRC detailed the opportunities and challenges of FinTech and discussed the need […]

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NCRC Statement on CFPB’s Proposed Rule on Payday and Car Title Lending

Washington, DC – Today, in response to the release of the Consumer Financial Protection Bureau’s (CFPB) proposed rule to protect consumers from abusive payday and car title loans, NCRC President and CEO John Taylor made the following statement. “We applaud the CFPB for proposing a rule that sensibly includes consideration of a borrower’s ability to repay […]

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NCRC Report Shows Stark Racial Lending Disparities in Baltimore

Washington – Today, the National Community Reinvestment Coalition (NCRC) released an analysis of home purchase and small business lending in Baltimore, Maryland, and the surrounding areas. The analysis reveals deep racial disparities in mortgage lending. NCRC President and CEO John Taylor made the following statement: “While many Americans take the ability to obtain a mortgage for […]

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Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas

Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas(Download PDF)  This report, Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas, details lenders’ abandonment of neighborhoods in Baltimore based upon the race of members of those neighborhoods and the preferences of lenders for white borrowers and majority white neighborhoods. Using maps, […]

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

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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