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Press Releases

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The 2012 NCRC Annual Conference is in the Books! Sample

brainstorm picThe 2012 annual conference was a tremendous success! Over 600 attendees, over 90 speakers, and a bounty of great workshops. Now you are back in the office, all settled in and excited about the information and best practices you’ve learned during the conference. Now what? What do you do with all that information swirling around in your head or scribbled on your iPad? Here are some tips on how to bring that conference experience full circle and share the valuable information you’ve learned with your colleagues and community.

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Following Report On Bank Pullout From Low Income Areas, NCRC Calls On Regulators To Take Action

Washington, DC — In the wake of a troubling new report from SNL Financial showing major banks pulling out from low-income areas, the National Community Reinvestment Coalition (NCRC) has called for banking regulators to investigate the trend and take action. The SNL Financial report, entitled “Banks follow the money and exit lower-income areas,” finds that

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NCRC Files CFPB & FTC Complaints Against Adrian Cronauer of Good Morning Vietnam Fame

Washington, DC — The National Community Reinvestment Coalition (NCRC) has filed complaints with the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) against Adrian Cronauer and the Cronauer Law Center. Mr. Cronauer, who is best known as the radio disc jockey who inspired Robin Williams’ character in the film Good Morning Vietnam, now

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At NCRC Conference, Joseph Smith Jr., Franklin Raines, Marc Morial, Mark Calabria Discuss Solutions To Foreclosure Crisis, Returning Home Opportunity To America

Washington, DC — Today, at the National Community Reinvestment Coalition’s (NCRC) annual conference, a panel of top experts will discuss and debate how best to reach equitable, workable solutions to the foreclosure crisis. The plenary will feature Joseph Smith Jr., monitor for the national mortgage settlement, Franklin Raines, former Fannie Mae Chairman and CEO, Marc Morial,

At NCRC Conference, Joseph Smith Jr., Franklin Raines, Marc Morial, Mark Calabria Discuss Solutions To Foreclosure Crisis, Returning Home Opportunity To America Read More »

CFPB Director Cordray Announces Push To Prevent Discriminatory Lending

Washington, DC — Today, in a keynote address at the National Community Reinvestment Coalition’s (NCRC) annual conference, Consumer Financial Protection Board (CFPB) Director Richard Cordray announced that the agency will use all available legal avenues, including disparate impact, to pursue discriminatory lenders. “We want consumers to avoid the marketplace’s silent pickpocket — discrimination,” said CFPB

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NCRC Calls for Restoration of Minority Business Development Funding in Congressional Testimony

Washington, DC — Today, Owen Jackson, Vice President of Business Development at the National Community Reinvestment Coalition (NCRC) will give testimony before the Congressional Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies and will call upon Congress to reverse proposed cuts to the Department of Commerce’s Minority Business Development Agency (MBDA). MBDA supports Business

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White House Honors DC Women’s Business Center’s Samira B. Cook-Gaines

Washington, DC –  On Wednesday, March 7, the White House honored Samira B. Cook-Gaines, Director of the National Community Reinvestment Coalition’s Washington, DC Women’s Business Center (DC WBC) as a Champion of Change, a tribute bestowed this week on local community leaders who pave the way for small business growth through entrepreneurial mentoring, counseling, and

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NCRC Applauds President Obama’s Leadership on Housing

Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) applauded President Obama for announcing new steps allowing homeowners to refinance FHA insured loans at lower rates, and an agreement with lenders which would provide financial restitution for veterans who were improperly foreclosed upon. NCRC President & CEO John Taylor called upon Edward DeMarco, Acting Director

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Federal Reserve Approves Capital One Acquisition Deal

Federal Reserve Approves Capital One Acquisition of ING Direct USA Washington, DC — The Federal Reserve today approved Capital One’s bid to purchase ING Direct with no meaningful conditions. The National Community Reinvestment Coalition (NCRC) and hundreds of organizations nationwide opposed the acquisition because it will make Capital One more systemically risky, while not creating

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Robosigning Settlement Step Towards Full Recognition of Extraordinary Harm to Homeowners & Economy

Washington, DC — Today federal officials and state Attorneys General reached an agreement with five major lenders to settle claims stemming from “robosigning” and other servicing abuses. John Taylor, president & CEO of the National Community Reinvestment Coalition (NCRC) made this statement: “The settlement recognizes that all homeowners have been damaged by widespread abuses in

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Congress Must Act on President Obama’s Housing Proposals

Washington, DC — The National Community Reinvestment Coalition (NCRC) today made this statement regarding measures the Obama administration is proposing to help the ailing housing market: “If there is a problem with the President’s plan, it’s that Congress must approve it. The President has put forward some very sensible proposals to ensure that the housing market

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State of the Union: As Homeowners Go, So Goes the Economy

Washington, DC — The National Community Reinvestment Coalition (NCRC), the nation’s preeminent advocacy group for fair lending and housing, commends President Obama’s call to resuscitate the housing market expected in his annual State of the Union speech. John Taylor, NCRC President and CEO, said: “The weakness of the market since the 2008 crash continues to

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NCRC Broadens Movement for Economic Security on Behalf of Older Adults

 Organizations Funded to Empower, Organize and Support Older Adults

Washington, DC —  The National Community Reinvestment Coalition (NCRC) today announced five new awardees in a multi-year campaign to empower, organize and support economically vulnerable older adults. The announcement expands NCRC’s commitment to the financial well being of older Americans, following the launch in 2011 of National Neighbors Silver, a national campaign to safeguard the financial security of today’s seniors and future retirees.

“Today’s older adults are working longer and living on less. For some, retirement is but a distant dream, while others face the challenge of stretching their savings or going back to work. Seniors are often left to navigate these challenges on their own. Through National Neighbors Silver, NCRC is deepening the capacity of community-based organizations to help older adults achieve economic security, moving from ‘you’re on your own’ to ‘we’re all in it together’.” said John Taylor, President and CEO of NCRC.

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NCRC Supports Appointment of Richard Cordray to Head the CFPB

Obama Appoints Protector of the Taxpayer Interest Washington, DC — President Obama will today use his constitutional authority to recess appoint former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau (CFPB). In 2010, the National Community Reinvestment Coalition (NCRC) gave Cordray its Henry B. Gonzalez Award for outstanding public service, noting that

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