This paper examines shifts in the market share of banks and nonbank financial institutions in important product markets. Banks are covered by the Community Reinvestment Act (CRA) which requires them to serve all communities, including low- and moderate-income (LMI) ones. Nonbanks, in contrast, do not have this obligation.
Making CRA Relevant for a Changing Financial Services Industry Read More »
It is time for regulators to incorporate an explicit focus on race in core CRA regulations and examination procedures. This should and can be done in a manner that complements, and does not in any way supplant, the longstanding focus on LMI.
From October 23, 2020, to December 29, 2020, the National Community Reinvestment Coalition (NCRC) surveyed small business owners in nine Metropolitan Statistical Areas (MSA). The data collected in the survey provided insight into accessing capital for small businesses as this program had fewer entry barriers than traditional loan products.
HMDA is a crucial tool for the public and local leaders to monitor the mortgage market and ensure lenders are not redlining in their communities.
2020 HMDA Preliminary Analysis Read More »
DC Women’s Business Center surveyed 274 small business owners in the D.C. metro area to learn how the COVID-19 pandemic and economic downturn affected their businesses.
Addressing the Needs of Black-Owned Businesses and Entrepreneurs Photo: © Andrey Popov via stock.adobe.com A follow-up report on the impacts of COVID-19 on entrepreneurship in Piedmont, North Carolina. Authors: Dedrick Asante-Muhammad, Chief of Membership, Policy and Equity at NCRCJamie Buell, Coordinator of Racial Economic Equity at NCRCTalib Graves-Manns, Co-Founder of Partners in Equity NCWilson Lester, Co-Founder
Addressing the Needs of Black-Owned Businesses and Entrepreneurs Read More »
This brief explores the potential for Landis, a lease-to-own homeownership company, to make homeownership more accessible for African Americans.
Landis’s Lease-to-Own Model & Black Homeownership Read More »
The pandemic and rapid social changes brought many challenges for a group of Black business owners in Washington, D.C., and Baltimore, but even so they emphasized the role of their businesses in maintaining the cultural vibrancy of their communities.
The COVID Pandemic And Its Impacts On Culturally Significant Businesses Read More »
Black America was in an economic crisis before COVID-19, and recovery for Black-owned businesses will require solutions to the economic preconditions that made success and wealth accumulation so difficult to achieve before the pandemic, a new report found.
Relationships Matter: Small Business and Bank Branch Locations March 2021 — Key Takeaways The number of banks and bank branches has declined significantly since 2009. Local branches are still crucial to small business lending. Small business lending is increasingly dominated by the largest lending institutions. Smaller institutions are disappearing as they merge or are bought
Relationships Matter: Small Business and Bank Branch Locations Read More »
DOWNLOAD Overview: A radical increase in Black homeownership is needed to see progress in bridging Black and White homeownership and wealth inequality. One of the defining factors of economic well-being for individuals and families is household net worth or wealth, but not all families are equal. Decades of racial injustice and economic inequality have led
60% Black Homeownership: A Radical Goal for Black Wealth Development Read More »
More evidence of inequity in access to bank services to help small businesses survive the pandemic.
Are Loan Modifications For Small Businesses a Possibility in the COVID-19 Pandemic? Read More »
Regulatory agencies should consider loans per thousand people to identify Community Reinvestment Act assessment areas for branchless banks.
How Can Geographical Areas on CRA exams Work for Branchless banks? Read More »
In this report, NCRC extended our previously published analysis of bank branch closures to look at changes from 2017 through 2020.
Research Brief: Bank Branch Closure Update (2017 – 2020) Read More »
The report revealed dramatic differences in the costs and lending patterns for different subgroups of Hispanic borrowers, such as Cuban, Mexican and Puerto Rican borrowers. It also found that most Latino borrowers get their mortgages from non-bank mortgage companies and not from banks
Hispanic Mortgage Lending 2019 Analysis Read More »
