White Paper: Long Term Social Impacts & Financial Costs of Foreclosure on Families and Communities of Color
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National Neighbors Silver Film RFP
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
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NCRC Statement on CFPB Oversight of Debt Collectors
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
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NCRC Community Development Fund Receives CDFI Certification
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
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NCRC Applauds Passage of San Diego Responsible Banking Ordinance
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
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New Data Shows Continued Constricted Credit, Racial Disparities in Lending
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
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Local Community Organizations Convene for White House Forum on Housing
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.
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NCRC Comment to FHFA on the Use of Eminent Domain to Restructure Performing Loans
Read NCRC’s comment to FHFA on the Use of Eminent Domain to Restructure Performing Loans
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Letter to President Obama Calling for an FHFA Recess Appointment
Download NCRC’s August 9, 2012 letter to President Obama
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Coalition of Community Organizations Calls on President Obama to Recess Appoint an FHFA Director
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
NCRC Member Call to Action: Weigh In About Credit Reporting
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
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Breaking the Cycle of Predatory Lending in Delaware
Membership Newsletter: July 2012 Edition | Breaking the Cycle of Predatory Lending in Delaware NCRC member Delaware Community Reinvestment Action Council (DCRAC) is winning victories right in the backyard of payday loan companies. In late June, Delaware Governor Jack Markell signed a piece of legislation aimed at breaking the cyclical nature of payday loans. Under the
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San Diego Advances a Local Ordinance to Increase Bank Reinvestment in the Community
Membership Newsletter: July 2012 Edition | San Diego Advances a Local Ordinance to Increase Bank Reinvestment in the Community “America’s Finest City” is well on its way to becoming the most recent US city with a Responsible Banking Ordinance. On June 27th, San Diego decided to shine a light on banking practices and ask what financial
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