Press releases

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

Washington, DC – Today, in response to the release of the Consumer Financial Protection Bureau’s (CFPB) 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 taking this crucial step to protect consumers.  This will help stop abusive practices that trap working class consumers …

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HMDA data reveals the nation’s biggest banks massively reduced their lending to working class Americans in 2016

Washington, DC – Today, in reaction to the release of the 2016 Home Mortgage Disclosure Act (HMDA) data, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement. “Home ownership is the primary means by which America built the largest and wealthiest middle class in the world, a legacy that is …

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