In the News

Insider Mortgage Finance, February 21, 2023, CFPB in Legal Limbo as Supreme Court Ponders Taking Case The Supreme Court justices met in private last week to consider whether to take a case involving the CFPB’s funding structure and other authorities. A decision on the case will have major ramifications for the agency.

NBC, February 9, 2023, Does Race Impact Home appraisals? A home appraisal can impact your property taxes, insurance rates and how much a home can sell for, but some homeowners fear discrimination is a factor in the process. NBC News’ Zinhle Essamuah reports on one family’s fight to get their home evaluated fairly. NCRC CEO

American Banker, February 15, 2023, TD unveils community benefits plan amid push to close First Horizon deal The agreement with the National Community Reinvestment Coalition could help the Canadian bank to secure regulatory approval for the First Horizon deal, which was announced a year ago. Last week, the two banks extended the deal’s targeted closing date by

Mashable, February 18, 2023, How to find and support Black-owned businesses — and why it’s important A 2016 Survey of Consumer Finances from the Federal Reserve showed that Black families have only 10 cents for every dollar held by typical white families, and one 2017 study concluded that (of the sample size that participated) 56 percent of Black Americans

WebMD, February 16, 2023, Advocates Decry ‘Environmental Apartheid’ in Port Cities In the 1930s, the Home Owners’ Loan Corporation (HOLC) sketched Los Angeles. Under President Franklin Delano Roosevelt’s New Deal, the HOLC was responsible for helping Americans, crippled by the Great Depression, refinance their mortgages. To guide its investments, the HOLC took markers to maps,

M Live, February 16, 2023, Rap with Muskegon area leaders about concerns, dreams, ideas at Saturday event “Rap w/ Ya Rep,” described as a “community vision board party,” will be Saturday, Feb. 18, near downtown Muskegon. It’s hosted by 3N1Community, which is affiliated with the grassroots organization Thredz, in concert with other local groups. In

NJBIZ, February 15, 2023, TD Bank to launch $50B Community Benefits Plan In an effort to provide lending, philanthropy and banking access to diverse and underserved communities across the United States, TD Bank will launch a five-year, $50 billion Community Benefits Plan (CBP), developed with the National Community Reinvestment Coalition (NCRC). “The deal we just

Journal Review, February 12, 2023, Slow march towards something better, we hope By the 90s, many of us had to read “A Raisin the Sun” for high school English and it was the first we learned of covenants, codes and redlining policies, but many Americans didn’t have to read about it. They lived it. All

The Denver Post, February 12, 2023, Why does DPS have too many schools? Enrollment decline was years in the making and district saw it coming Soaring rents and home prices exacerbated the problem in northwest Denver so not only were fewer families with children moving into the Northside but they also were getting pushed out.

Journal Review, February 10, 2023, Slow March Towards Something Better, We Hope By the 90s, many of us had to read “A Raisin the Sun” for high school English and it was the first we learned of covenants, codes and redlining policies, but many Americans didn’t have to read about it. They lived it. All

CNBC, February 8, 2023, Communities Struggling with Banking Access Give Banks on Wheels a Spin Nearly 10% of all U.S. bank branches shut down between 2017 and 2021 – one-third of those closures were in majority-minority and low- to moderate-income neighborhoods, according to a report from the National Community Reinvestment Coalition. When the pandemic began in March

The Baltimore Banner, February 7, 2023, Report: ‘Creeping segregation’ in Columbia, originally envisioned as model of racial integration Columbia, envisioned as a model for racial and socioeconomic integration when it was founded more than 50 years ago, is experiencing “creeping segregation” and a shortage of affordable housing, according to a new study. The report, published

The Washington Post, February 6, 2023, White people have flocked back to city centers — and transformed them According to a 2019 study published by the National Community Reinvestment Coalition, Denver has seen more displacement of its Hispanic residents, on average, than any other major U.S. city. As Denver it has grown more populous and

Olean Times Herald, February 1,2023, Community Bank to close Portville branch A letter dated Jan. 25 to customers indicates that the Portville branch at 7 N. Union St. will close April 23, citing consolidated services with other branches. Customers were referred to the North Union Street branch in Olean, the branch office in Bolivar or