donate_join_now Donate Now Join Now

Upcoming Events

No Upcoming Events

Connect with NCRC

Press Releases
Thursday, June 27, 2013 09:00 AM

NCRC Calls for Senate Confirmation of Mel Watt

  Washington, DC – In anticipation of today's confirmation hearing, the National Community Reinvestment Coalition called for the confirmation of Mel Watt as Director of the Federal Housing Finance Agency (FHFA). "We urge the Senate to promptly confirm Mel Watt as Director of the FHFA," said NCRC President and CEO John Taylor. "He is highly qualified, holds an exemplary record as a public servant, and has the knowledge and expertise to be a strong leader for the agency." "The Acting FHFA Director, Ed DeMarco, has seriously impeded recovery in the housing market by not allowing the Government Sponsored Enterprises to…
  Washington, DC – Today, in reaction to the National Mortgage Settlement Monitor’s latest quarterly update, NCRC President and CEO John Taylor made the following statement: “The latest Settlement Monitor’s update shows that many homeowners are receiving relief in the form of principal reduction, which is a very positive thing. It is good to see that the banks are stepping up in their adherence to their obligations under the settlement. At the same time, while substantial progress has been made, it’s clear that more needs to be done. More borrower relief is essential to prevent foreclosures and to help stabilize…
  Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released an analysis of home and small business lending in Washington, DC. The analysis of 2011 Home Mortgage Disclosure Act data on lending from six major banks and the lending market as a group shows racial and gender disparities in home lending. The analysis finds that all lenders in the Washington, DC market as a group made a disproportionately low percentage of home loans to African-Americans, low- and moderate-income (LMI) borrowers and female borrowers. “This analysis shows that lenders have some work to do to ensure that they are…
Washington, DC – Today, the National Community Reinvestment Coalition applauded the nomination of Representative Mel Watt to lead the Federal Housing Finance Agency (FHFA). NCRC President and CEO John Taylor made the following statement: “Mel Watt is an excellent choice to lead the FHFA. He is well qualified and sure to be a strong leader for the agency. We urge the Senate to swiftly move to confirm him." "With Mel Watt as FHFA Director, the President would finally have a leader in that agency who will be a member of the team and do what is best for American taxpayers…
Washington, DC – Tonight, at the National Community Reinvestment Coalition's (NCRC) 2013 Annual Conference, NCRC will present its National Achievement Awards, and honor leaders in expanding fair access to financial services. The awards ceremony will be hosted by Dr. Julianne Malveaux, and will feature remarks from John Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development. “The NCRC awards dinner is a wonderful opportunity to recognize some of the excellent work that is being accomplished in our field,” said NCRC President and CEO John Taylor. “This year’s winners are a truly…
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded the Consumer Financial Protection Bureau’s (CFPB) announcement that it will regulate indirect auto lenders under the Equal Credit Opportunity Act (ECOA). Indirect auto lending is auto lending provided through dealerships from third party lenders. NCRC President and CEO John Taylor made the following statement: “We applaud the CFPB for this announcement. Auto lending is an area where consumers have long been exposed to and victim to rampant discrimination and disparate treatment. The CFPB’s regulation of auto lending is a highly welcome development. For far too long, this realm has…
Washington, DC -- On March 20-23, the National Community Reinvestment Coalition will hold its annual conference, and bring together hundreds of community organizations from across the nation. This year’s conference theme is “A Just Economy: Building Community Prosperity from the Ground Up.” “At the 2013 NCRC annual conference, community organizations from across the nation will come together to advance a blueprint for community prosperity,” said NCRC President and CEO John Taylor. “The housing crisis and the Great Recession have caused devastating financial damage across the country – and low- and moderate-income communities and communities of color bore the brunt of…
Washington, DC – Today, the National Community Reinvestment Coalition called upon bank regulators to block Bank of Hawaii’s planned exit from American Samoa. Bank of Hawaii plans to close their two branches in American Samoa after over forty years of business, leaving no American banks and only one deposit-taking institution in the territory. Yesterday, in a letter to the Federal Reserve Bank of San Francisco, Bank of Hawaii’s primary regulator, the National Community Reinvestment Coalition called for the Federal Reserve Bank to hold hearings on the matter and ultimately block the Bank of Hawaii from closing their branches in American…
Friday, February 08, 2013 04:44 PM

NCRC Applauds HUD Disparate Impact Rule

Washington, DC – Today, the National Community Reinvestment Coalition applauded the U.S. Department of Housing and Urban Development’s (HUD) issuance of a rule on the “Implementation of the Fair Housing Act’s Discriminatory Effects Standard.” NCRC President and CEO John Taylor made the following statement: “We applaud HUD for formalizing in their rulemaking that the Fair Housing Act can be violated by practices that have a disparate impact. This rule can be easily implemented by the public and private sector and is an important step to ensure equal opportunity for all. HUD should be commended for issuing a transparent rule that…
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) announced five new National Neighbors Silver (NNS) grantees. NNS is NCRC’s multi-year campaign to empower, organize and support economically vulnerable older adults. “The financial challenges facing older adults continue to increase in number and severity,” said NCRC President and CEO John Taylor. “From the impact of the economic crisis, to the proliferation of scams targeting older adults, to dwindling retirement security, the financial perils for older adults are serious. NCRC is committed to community-based, innovative practices and solutions that will strengthen the economic security of low- and moderate-income older adults.…