January 3, 2013 will be the first day of the 113th Congress. Both newly elected and returning lawmakers will need to arrive at the office ready to work. There are a number of important issues that Congress should address in the coming year, including mortgage refinance and principal reduction, enhancements to the Community Reinvestment Act, […]
RW-Winter 2012 | New Year, New Congress, New Tax Code? Read More »
Washington, DC– Today, NCRC President and CEO John Taylor made the following statement on FHA’s 2012 Annual Financial Status report: “After 78 years of the Federal Housing Administration (FHA) doing things right and performing well from a fiscal perspective, the recent news about its financial health must be seen in perspective. Without FHA, and
NCRC Statement on FHA’s 2012 Annual Financial Status Report Read More »
National Neighbors Film RFP As the United States suffers from historically high rates of foreclosure and unemployment, older adults across the nation are not only more numerous than past generations, but also more susceptible to financial insecurity. Financial abuse and the economic downturn have left thousands of seniors struggling to make ends meet, unable to
National Neighbors Silver Film RFP Read More »
Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s (CFPB) newly published rule allowing the agency to regulate the debt collection industry, NCRC President and CEO John Taylor made the following statement: “The CFPB should be commended for taking steps to reign in the debt collection industry and protect consumers from unsavory
NCRC Statement on CFPB Oversight of Debt Collectors Read More »
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) announced that the NCRC Community Development Fund has received certification from the Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI). “We are very excited to receive CDFI certification,” said NCRC President and CEO John Taylor. “This certification will allow NCRC
NCRC Community Development Fund Receives CDFI Certification Read More »
Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) applauded the passage of a local responsible banking ordinance in San Diego, California. “Local governments across the nation are continuing to pass measures to induce banks to invest in our communities in a responsible way,” said NCRC President and CEO John Taylor. “This is
NCRC Applauds Passage of San Diego Responsible Banking Ordinance Read More »
Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) said that new data released by the Federal Financial Institutions Examination Council showed continued constriction of credit, particularly for low- and moderate income communities and communities of color, and significant disparities in lending by race. The volume of home lending was 7.1 million loans
New Data Shows Continued Constricted Credit, Racial Disparities in Lending Read More »
Washington, DC – On September 13, dozens of members of the National Community Reinvestment Coalition (NCRC) came to Washington DC for the White House American Economic Competitiveness Forum on Housing. At this forum, over a hundred community advocates came together with administration officials at the White House to discuss solutions to America’s housing crisis.
Local Community Organizations Convene for White House Forum on Housing Read More »
Read NCRC’s comment to FHFA on the Use of Eminent Domain to Restructure Performing Loans
NCRC Comment to FHFA on the Use of Eminent Domain to Restructure Performing Loans Read More »
Download NCRC’s August 9, 2012 letter to President Obama
Letter to President Obama Calling for an FHFA Recess Appointment Read More »
Washington, DC — Today, hundreds of community organizations sent a letter to President Obama calling on him to make a recess appointment to the Federal Housing Finance Agency (FHFA). FHFA is currently led by an Acting Director, Ed DeMarco, who has refused to allow Fannie Mae and Freddie Mac, which hold the majority of
Membership Newsletter: July 2012 Edition | NCRC Member Call to Action: Weigh In About Credit Reporting The foreclosure crisis will have repercussions for the communities we serve for a long time to come. Credit scores for those affected will take years, if not decades, to rebound. What this makes clear is that we must take action
NCRC Member Call to Action: Weigh In About Credit Reporting Read More »
