Testimony & Regulatory Comments

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

NCRC Comment on CRA Supplemental Rulemaking

Download May 13, 2024 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th Street SW, Suite 3E–218 Washington, DC 20219 Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 regs.comments@federalreserve.gov James P. Sheesley Assistant Executive Secretary Attention: Comments RIN 3064–AG03 Federal Deposit Insurance Corporation 550 17th Street NW Washington, […]

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NCRC comment on OCC proposed merger policy statement

(Download) April 23, 2024 RE: Docket ID OCC–2023–0017 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on proposed changes to the OCC’s regulations regarding Business Combinations Under the Bank Merger Act. Bank mergers profoundly impact banks’ capacities to serve the convenience and needs of communities. If the

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NCRC’s comment on OCC’s proposed changes to its Freedom of Information Act regulation

(Download) April 22, 2024 RE: Docket ID OCC–2022–0008 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment regarding availability of information under the Freedom of Information Act (FOIA). NCRC is a network of more than 700 community-based organizations dedicated to creating a nation that not only promises but

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NCRC’s Comment Letter to HUD About Community Development Block Grants (CDBGs)

Download March 11, 2024 Jessie Handforth Kome Director, Office of Block Grant Assistance Room 7282 U.S. Department of Housing and Urban Development 451 7th Street SW, Washington, DC 20410 Heidi Frechette Deputy Assistant Secretary for Native American Programs Room 4108 U.S. Department of Housing and Urban Development 451 7th Street SW, Washington, DC 20410 RE: Submission for

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NCRC’s Letter to The Appraisal Subcommittee About Potential Solutions to Appraisal Bias in Response to February 13, 2024 Hearing

(Download) March 4, 2024 Jim Park Executive Director Appraisal Subcommittee 1325 G Street Suite 500, NW Washington, DC 20005 appraisalbiashearing@asc.gov Dear Executive Director Park: The National Community Reinvestment Coalition appreciates the opportunity to submit written comments to the Federal Financial Institutions Examination Council’s Appraisal Subcommittee. We thank The Appraisal Subcommittee of the Federal Financial Institutions Examination

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NCRC’s Comment on Second Illinois CRA Notice of Proposed Rulemaking

(Download) March 4, 2024 VIA ELECTRONIC FILING Mr. Craig Cellini Rules Coordinator Illinois Department of Financial and Professional Regulation (IDFPR) 329 West Washington, 3rd Floor Springfield, IL 62789 Via Email: Craig.Cellini@Illinois.gov RE: Comment on the Notice of Proposed Rules (NPR) regarding the Banking Community Reinvestment Rule (38 IAC 345), Mortgage Lenders Community Reinvestment Rule (38 IAC

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NCRC Comment on the Proposed Capital Rule

(Download) January 15, 2024 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th St. SW Suite 3E-218 Washington, DC 20219 Secretary Ann E. Misback Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 Assistant Executive Secretary James P. Sheesley Comments/Legal OES Federal Deposit

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Comment on SBA Proposed Rule on Criminal Justice Reviews for the SBA Business Loan Programs

Download November 14, 2023 Dianna Seaborn, Director Office of Financial Assistance U.S. Small Business Administration 409 3rd Street SW Washington, DC 20416 RE:      RIN 3245-AI03, 2023-19183, Criminal Justice Reviews for the U.S. Small Business Administration’s Business Loan Programs and Surety Bond Guaranty Program, Dear Director Seaborn: The undersigned organizations appreciate the opportunity to comment on the

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NCRC Applauds OCC for Intentions to Survey Trust in Banking, Calls for an Inclusive Sample of End-Users and a Focus on How Banking is Changing

(Download) October 10th, 2023 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th St. SW Suite 3E-218 Washington, DC 20219 RE: Trust in Banking Survey; Docket ID OCC-2023-0003 Dear Honorable Acting Comptroller Hsu: Thank you for the opportunity to comment on how the Office of the Comptroller will develop

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NCRC’s Response to Better Markets CRA Comment

September 22, 2023 Dear Members of the Board of Governors, FDIC Chairman, and Acting Comptroller of the Currency: On August 7, Better Markets (BM) sent a letter to the federal bank agencies asserting that the proposed CRA rule “will not work and that redlining will continue.” The BM letter dismisses an interagency proposal that would

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NCRC To Banking Regulators: New Automated Valuation Model Technologies Must Not Affirm Historic Redlining

(Download) August 21, 2023 RE: Quality Control Standards for Automated Valuation Models: Docket ID OCC–2023–0002; FDIC RIN 3064–AE68; Federal Reserve Docket No. R–1807 and RIN No. 7100 AG60; Docket Number NCUA–2023–0019; FHFA RIN 2590–AA62; and CFPB–2023–0025 To Whom it May Concern: Thank you for the opportunity to comment on the use of automated valuation models

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Time to Change Bank Merger Reviews: NCRC Calls for New Rulemaking Process

(Download) July 31, 2023  The Honorable Martin Gruenberg Acting Chair of the Board The Federal Deposit Insurance Corporation 550 17th Street, NW Washington, D.C. 20429  The Honorable Michael Hsu Acting Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219  The Honorable Michael Barr Vice Chair for

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Letter to the FHFA on Tenant Protections for Enterprise-Backed Multifamily Properties

(Download) July 31, 2023 The Honorable Sandra Thompson Federal Housing Finance Agency Office of Multifamily Analytics and Policy 400 7th Street SW, 9th Floor Washington, D.C. 20219 RE:     Federal Housing Finance Agency’s Request for Input on Multifamily Tenant Protections Dear Director Thompson: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to submit written comments to the

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NCRC and Over 150 Organizations Unite in Support of Section 1071 of Dodd-Frank, Rejecting Congressional Repeal Efforts

(Download) July 25, 2023 The Honorable Patrick McHenry Chairman House Financial Services Committee 2134 Rayburn House Office Building Washington, DC 20515 The Honorable Sherrod Brown Chairman Senate Banking Committee 503 Hart Senate Office Building Washington, DC 20510 The Honorable Maxine Waters Ranking Member House Financial Services Committee 2221 Rayburn House Office Building Washington, DC 20515

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NCRC Letter to FHFA re Fair Lending, Fair Housing, and Equitable Housing Finance Plans Proposed Rule.

June 26, 2023 The Honorable Sandra Thompson Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Re:  RIN-2590-AB29, Proposed Rulemaking on Fair Lending, Fair Housing, and Equitable Housing Finance Plans Dear Director Thompson: The National Community Reinvestment Coalition (NCRC) appreciates this opportunity to provide our comments on the Federal Housing Finance Agency’s (FHFA’s) Fair

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