LFA quickly recognized the adverse consequences of COVID-19 and determined that they would need to be a reliable source of information for small businesses and policymakers.
Member spotlight: Q&A with Local First Arizona’s Thomas Barr Read More »
CDFIs and MDIs, like HOPE, were able to utilize their strengths to cater to the financial needs of small businesses in distressed communities.
CDFIs and MDIs Continue to Cater to Small Businesses Despite PPP Barriers Read More »
The Center for Responsible Lending, National Consumer Law Center, and National Community Reinvestment Coalition filed an amicus brief today in Lacewell v. Office of the Comptroller of the Currency (OCC), in support of the plaintiff, the New York State Department of Financial Services (DFS), against the OCC’s plan to issue “special purpose national bank” charters to nonbank lenders.
Amicus Brief Opposes OCC Charter That Would Aid Predatory Lenders Read More »
By Raising Reporting Thresholds, CFPB Rule Blocks Access to Data That is Critical to Uncovering Housing Discrimination
For many universities and their students, COVID-19 created new problems and exacerbated existing vulnerabilities.
Amid Funding Threats and Coronavirus, Minority College Students Face Many Concerns Read More »
Fair housing advocates denounce Trump’s newest effort to eliminate a critical tool to desegregate communities and call on the president to instead concentrate on ensuring housing equity during a pandemic.
Today, President Trump replaced the 2015 Affirmatively Furthering Fair Housing (AFFH) rule with a much weaker one, and without any public comment process, despite the Department of Housing and Urban Development’s (HUD) proposed rule change filed in January.
NCRC statement on Affirmatively Furthering Fair Housing Executive Order Read More »
Immigrants play a central role in the U.S. economy, especially as essential workers and workers in industries hardest hit by the pandemic’s economic impact.
US Immigrants Face Unique Challenges During the Pandemic Read More »
For African Americans to own a share of the wealth proportionate to their 13% of the population, they’d require another $10 trillion of wealth.
African Americans Are Missing Ten Trillion Dollars of Wealth Read More »
Those experiencing homelessness are especially vulnerable to getting sick due to previous health conditions and lack of access to general wellness care.
Homelessness During COVID and Beyond Read More »
Today, the Office of the Comptroller of the Currency (OCC) announced a proposed rule on the true lender doctrine. Under the proposal, a bank is considered to be the “true lender” if it is named as the lender or if it funds the loan.
NCRC Dismayed by OCC’s Intention to Establish a True Lender Standard Read More »
Thank you for your dedication and persistence. Thank you for your leadership. May you rest in power.
NCRC mourns the loss of John Lewis Read More »
In the coming weeks, we expect the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to propose a rule for the “true lender” doctrine, an act that will have a negative impact on the ability of states to protect their residents from high-cost lending.
Federal Regulators Should Refrain From Making a True Lender Rule Read More »
Today, the Consumer Financial Protection Bureau (CFPB) issued a small-dollar loan final rule that will strip away protections that had been the hallmark of the original 2017 rule.
NCRC condemns CFPB move to gut payday loan restrictions Read More »
As a 16 year old Gen Z scholar from Long Island, Perrino chose to study the health impacts of government sanctioned segregation for a project in her science research course.
Young scholar starts at the intersection of residential segregation and health Read More »
