Reports and Research Library


Today, the National Community Reinvestment Coalition (NCRC) released "Recommendations to the Consumer Financial Protection Bureau for Implementing Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010," a white paper presenting recommendations on the collection and public availability of small business loan data from financial institutions.

In the white paper, NCRC provides recommendations on the types of data that should be collected, the institutions that should be required to report the data, and how the data should be collected and made accessible.

 The white paper was made possible by generous funding from the Surdna Foundation. The full paper can be read here.


Download the  "Empowering Financial Service Providers to Help: Ways the Bank Secrecy Act Can Play a Stronger Role in Detecting and Preventing the Financial Crimes that Exploit Older Adults" white paper here.


This study examines recent trends in the availability of capital and credit for small businesses in the Appalachian Region, and compares financial conditions in 2010 with those in 2007, before the recent recession. In addition, the study assesses the impact of strategies to address capital gaps in underserved communities, including the use of regulatory oversight for reinvestment. The report also presents recommendations for action that could be taken by public agencies and institutions to address the capital and credit needs of Appalachia.

Download the paper here.

Wednesday, October 23, 2013 03:23 PM

A New Dawn: Age-Friendly Banking

Washington, DC –  Today, the National Community Reinvestment Coalition (NCRC) released a new report entitled “A New Dawn: Age-Friendly Banking.” The paper provides an overview of the current economic vulnerability of older adults and proposes a core set of age-friendly banking principles.

To read the report, click here.

National Neighbors Silver is a multi-year campaign to empower, organize and support economically vulnerable older adults. Combining advocacy, organizing and direct services the campaign promotes access to quality banking services and adequate housing for older adults. Working with the banking industry, the aging network and housing experts, National Neighbors Silver offers a platform for policy and program solutions to build economic security and preserve wealth for aging Americans.

NCRC would like to thank Atlantic Philanthropies for providing generous support to research and develop the age-friendly banking framework.


To read the guide, click here.

Washington, DC – Today, the National Community Reinvestment Coalition released a new Fair Housing Planning Resource Guide, entitled "Understanding the Proposed Affirmatively Furthering Fair Housing Rule." This guide is intended to serve as resource for housing & community development professionals who are seeking to understand the recently proposed United States Department of Housing & Urban Development Affirmatively Furthering Fair Housing Rule, which was published in the Federal Register on July 19th, 2013.

To read the guide, click here.

Washington, DC – Today, the National Community Reinvestment Coalition released a new white paper, "A Guarantee for the Guarantee: Two Proposals to Ensure that the Future Secondary Mortgage Market Serves All Creditworthy Borrowers." The paper introduces two policy proposals designed to promote access and ensure that the future secondary mortgage market serves all creditworthy borrowers through conventional lending.

The first proposal is called the "Status Quo Access Model," and applies the existing requirements of GSE affordable housing goals to any future secondary market entity.

Alternatively, the second proposal, the "Incentive Model," introduces a sliding-cost scale tied to a secondary market entity's business activities that address unmet housing needs.

These models address a critical omission in current GSE reform proposals: none of the proposals make any clear commitment to ensuring access to conventional lending for the full scope of America's creditworthy borrowers.

To read the white paper, click here.

On June 25, 2013, Senators Bob Corker (R-TN) and Mark Warner (D-VA) introduced "The GSE Reform Act of 2013." A bipartisan group of five senators co-sponsored the bill, including Senators Heidi Heitkamp (D-ND), Dean Heller (R-NV), Mike Johanns (R-NB), Jerry Moran (R-KS), and Jon Tester (D-MT). Unfortunately, the Corker-Warner legislation is problematic and raises significant red flags about Congress' view of the future of the secondary market's obligation to extend affordable housing opportunities—in the form of homeownership and rental units—to low-income, minority and traditionally underserved individuals.

Download the paper here.

The Consumer Financial Protection Bureau (CFPB) recently issued a series of amendments to the Ability-to-Repay rule, which is set to go into effect January 10, 2014. The rule, originally issued in January of this year, holds lenders legally responsible for acting in good faith and making a reasonable determination, before closing, that a homebuyer has a realistic chance of repaying a mortgage loan. The rule will set the tone for the U.S. mortgage market because it places a legal duty on lenders to ensure that a consumer can afford to pay their mortgage. The law will presume lenders have complied with this duty only if they issue qualified mortgage (QM) loans. Because of this presumption, and the increased legal protection it provides, it is expected that almost all lenders will minimize the origination of non- QM loans. The CFPB's amendments to the rule relate directly to the underwriting requirements for qualified mortgages and address:

  • How loan originator compensation is to be calculated in determining points and fees;
  • The elimination of the 43 percent debt-to-Income ratio for some qualified mortgage loans issued by small lenders;
  • Increasing the amount that small lenders may exceed the average prime offer rate from 1.5 percent to 3.5 percent;
  • Delaying the phase-out of balloon-payment loans;
  • The exemption of government agencies, programs, and credit products from the ability-to-pay rule entirely.

Download the paper here.

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