Online Event Archive Recorded Wednesday, January 26 2022 During the pandemic, relief efforts led to historically low interest rates. NCRC just published a new report on mortgage lending data from 2020, and who reaped the benefits of historically low rates. Hear from the authors of the report, and dig into where mortgage capital flowed as […]
Video: Home Mortgage Lending During the Pandemic Webinar Read More »
(Download) January 21, 2022 RE: Request for Public Comment, HMDA Assessment, Docket No. CFPB-2021-0018 To Whom It May Concern: The 54 undersigned organizations extol the value of the new and enhanced Home Mortgage Disclosure Act (HMDA) variables added by the 2015 final rule issued by the Consumer Financial Protection Bureau (CFPB). The Dodd-Frank Wall Street
Group letter on CFPB’s RFI on HMDA Read More »
(Download) January 20, 2022 Robert E. Feldman Executive Secretary Federal Deposit Insurance Corporation 1776 “F” Street, NW Washington, DC 20006 Dear Members of the Board of Directors of the Federal Deposit Insurance Corporation: The National Community Reinvestment Coalition (NCRC) and its undersigned member organizations express their support for the Federal Deposit Insurance Corporation’s (FDIC) action to
Since the inception of the mid-20th century Civil Rights era and the implementation of racially blind laws such as the Community Reinvestment Act, we can point to little progress in bridging wealth and homeownership disparities.
NCRC 2020 Home Mortgage Report: Examining Shifts During COVID Read More »
(Download full comment) Introduction January 4, 2022 RE: Docket No. CFPB-2021-0015, Section 1071 Small Business Lending Data Collection To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates this opportunity to comment on the proposed rule for reporting and disseminating small business loan data required by Section 1071 of the Dodd Frank Wall
NCRC Comment on Proposed Section 1071 Small Business Lending Data Collection Read More »
(Download) December 22, 2021 Comment regarding proposed amendment to 3 NYCRR 76 compliance with Community Reinvestment Act Requirements To Whom it May Concern: The National Community Reinvestment Coalition (NCRC), an association of 600 community organizations dedicated to increasing access to credit and capital for traditionally underserved communities, commends New York State for amending its banking
NCRC Comment on NY State amendment to CRA concerning small business lending data Read More »
(Download) December 21, 2021 Rohit Chopra Director Consumer Financial Protection Bureau 1700 “G” St. NW Washington, DC 20552 Docket No. CFPB-2021-0017: Notice and Request for Comment Regarding the CFPB’s Inquiry into Big Tech Payment Platforms Dear Director Chopra: The National Community Reinvestment Coalition (NCRC) is an association of more than 600 community-based organizations that work
NCRC Calls on CFPB to Prioritize Needs of Consumers and Small Businesses Above Big Tech Read More »
(Download) December 20, 2021 Illinois Department of Financial and Professional Regulation Attn: Craig Cellini 320 West Washington, 3rd Floor Springfield, IL 62786 Comments on Advanced Notice of Proposed Rulemaking (ANPR) regarding Illinois Community Reinvestment Act (Public Act 101-657, codified at 205 ILCS 735) Dear Mr. Cellini: The National Community Reinvestment Coalition (NCRC), an association of
From November 1, 2020, to December 14, 2020, NCRC conducted multi-layered matched-
pair tests of 22 different financial institutions. The purpose of this study was to examine the
role of socio-economic status (SES), specifically perceived education, on the interactions
between race and treatment in the small business pre-application arena.
During yesterday’s confirmation hearing, two questions posed by senators considering the nomination of Dr. Saule Omarova to lead the Office of the Comptroller of the Currency (OCC) demonstrated the widespread interest in updating the Community Reinvestment Act (CRA).
(Download) The Honorable Maxine Waters Chairwoman Committee on Financial ServicesUnited States House of RepresentativesWashington, D.C. 20515 The Honorable Patrick McHenryRanking MemberCommittee on Financial ServicesUnited States House of RepresentativesWashington, D.C. 20515 The Honorable Sherrod Brown Chairman Committee on Banking, Housing, and Urban AffairsUnited States SenateWashington, D.C. 20510 The Honorable Pat ToomeyRanking MemberCommittee on Banking, Housing, and Urban AffairsUnited States SenateWashington,
Online Event Archive Recorded November10, 2021 Has your organization been looking for a way it can get involved in creating opportunities for building wealth at both the local and national levels? Do you believe that for your community to prosper, it needs the support of not only regional but national advocacy as well? We hear
NCRC Joint Membership Webinar Read More »
Online Event Archive Recorded Thursday, October 28, 2021 Learn how you can use this powerful tool, available to all NCRC members, to produce a report on mortgages, small business lending and bank branch networks for any city, county or metro area in the nation. You’ll also hear from local leaders about how they use this
Fair Lending Tool webinar Read More »
(Download) October 29, 2021 Comment on OCC Proposal to Rescind its 2020 rule regarding the Community Reinvestment Act Regulations, Docket ID OCC-2021-0014 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) and the 108 undersigned organizations strongly support the proposed rescission of the harmful 2020 Office of the Comptroller of the Currency’s (OCC’s)
NCRC Comment Letter on OCC Proposal to Rescind its Harmful CRA Final 2020 Rule Read More »
October 28th, 2021 The Honorable Janet Yellen Secretary U.S. Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 Re: Opposition to bank charter for stablecoin issuers Dear Secretary Yellen, Americans for Financial Reform, The Center for Responsible Lending, National Community Reinvestment Coalition, National Consumer Law Center (on behalf of its low-income clients), and
