The collapse of Synapse showed regulators need to catch up to banking-as-a-service fintechs.
NCRC Urges Overhaul Of Banking-As-A-Service Regulations In Wake Of Synapse Collapse Read More »
Consumer advocates had one major suggestion for the CFPB’s Section 1033 financial data privacy rule — and the agency listened.
A recent federal law enforcement settlement with Citadel Federal Credit Union illustrates why the Community Reinvestment Act’s (CRA) omission of credit unions from its rules is a dangerous mistake, a leading community development and financial regulation advocate said Tuesday. “It no longer makes sense to let credit unions out of the common-sense obligations that CRA
The Visa antitrust lawsuit and congressional work on the Credit Card Competition Act would curb abusive practices by credit card monopolies.
The September jobs report beat expectations by a lot. But how is the US economy actually doing — and could it provide an “October surprise?”
October Surprise? 2024 Race, Jobs, and the Economy Update Read More »
Advocates for a more just and equitable housing market will find few reasons to celebrate when looking at 2023 mortgage market trends.
Preventing AI tools from perpetuating discrimination in lending is just the start. Regulators should also look for ways AI can actively detect and combat bias.
Detroit’s city limits are also an iron curtain between sharply contrasting mortgage lending patterns, dividing wealth-building opportunities along racial lines.
Neighboring Markets, Worlds Apart: Mortgage Lending In Detroit And Wayne County Read More »
Capital One is unlikely to be happy about new bank merger rules from the OCC, FDIC and DOJ.
NCRC Statement on New Bank Merger Rules From DOJ, OCC and FDIC Read More »
Is the US economy headed for a recession? Signs were muddled and mixed in the August jobs report.
Recession Watch? September 2024 Race, Jobs and the Economy Update Read More »
A Texas court rightly upheld the CFPB’s recent Section 1071 rule collecting data on small business loans. The separate CRA lawsuit should fail too.
NCRC’s Van Tol on Section 1071 Ruling: Common Sense Prevails Over Frivolous Greed Read More »
The latest jobs report was worrisome. News since has been better. So where does the US Economy stand in summer 2024?
A $14 billion hospital merger that threatens to bring new hardship to rural Pennsylvanians was abruptly approved earlier this month, thwarting community expectations of a slower and more stringent review of the deal. The marriage of Jefferson Health and the Lehigh Valley Health Network creates the state’s second-largest nonprofit hospital system, affecting 30 hospitals and
The affordable housing crisis requires exercising all available policy tools — including local zoning rules about parking spaces.
“$5 billion is an insultingly small tip to leave on a quarter-trillion-dollar tab,” said Jesse Van Tol, President and CEO of NCRC.
