Testimony & Regulatory Comments

Testimony and comments from NCRC about pending legislation and regulatory issues.

NCRC Testifies on Appraisal Oversight before House Financial Services Committee

The time has come for members of Congress, the prudential regulators, the Appraisal Subcommittee and the Consumer Financial Protection Bureau to work collaboratively to ensure that consumers and all the industry stakeholders involved in the home buying and refinance process will benefit from a system of regulation that helps ensure the independence and integrity of the appraisal process. These efforts will promote equal access to responsible and sustainable credit and a robust mortgage marketplace that meets our nations immediate housing finance needs.

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NCRC Testifies on Older Americans Act before House Appropriations Committee

March 29, 2012 — NCRC President and CEO John Taylor and National Neighbors Silver Ambassador, Annette Smith, testified today before the House Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies, citing issues like economic security for older adults, foreclosure prevention, and the need to restore funding to vital programs affecting America’s

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National Groups Request Hearings on Capital One-HSBC Acquisition

November 8, 2011 — During tumultuous times for the American housing market, Capital One continues practices that are degrading the chances of recovery and sustainability for low- to moderate-income communities. Their latest effort, an attempt to acquire HSBC, spurred a response from national consumer, community, housing, and civil rights organizations that requests an extension of

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Taylor Testifies before Senate Subcommittee on Primary Health & Aging

October 31, 2011 — As part of the National Neighbors Silver initiative, John Taylor submitted written testimony to the Senate Subcommittee on Primary Health and Aging on how older adults are faring in the aftermath of the Great Recession. The testimony sheds light on the silent housing crisis plaguing our aging communities. Mr. Taylor offers

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NCRC Testifies at Public Hearings on Capital One Deal

September 20, 2011 — NCRC President and CEO John Taylor testified today before the Federal Reserve on the Capital One acquisition of ING Direct USA, citing issues like systemic risk, public benefits, the future of community-based banking, and the effectiveness of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Download the Testimony

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NCRC Request to Bernanke to Hold Public Hearings on Capital One Deal

July 25, 2011 — NCRC head John Taylor wrote Federal Reserve Board Chairman Ben Bernanke to request that the Federal Reserve hold public hearings in five cities and extend the comment period on the Capital One acquisition of ING Direct USA, citing serious and pervasive concerns about the deal. Download the Letter

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NCRC Files Comments to Treasury Regarding Reform of GSEs

This week, NCRC filed comments to the US Department of Treasury and US Department of Housing and Urban Development regarding the future of the Government Sponsored Enterprises (GSEs), the regulation of the housing finance system, and the role of government in the finance system. Click here to download the Comments as a PDF

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