NCRC Statement On CFPB Overdraft Rule
The Consumer Financial Protection Bureau’s (CFPB) overdraft rule will bring billions of dollars out of bank shareholder pockets and back into the real economy.
NCRC Statement On CFPB Overdraft Rule Read More »
Consumer Financial Protection Bureau (CFPB)
The CFPB Wants To Put You Back In Charge Of Your Personal Financial Data
The CFPB thinks that your personal data should belong to you, not your bank.
The CFPB Wants To Put You Back In Charge Of Your Personal Financial Data Read More »
NCRC, CRL And AFR Blast Senate Democrats For Betraying Small Business Owners With Vote To Rescind Section 1071
Sens. Manchin, Sinema, Tester, Hickenlooper and King voted against their constituents’ best interests on Wednesday.
TransUnion Faces Big Fine As Regulators Heed NCRC Call For Fairness In Tenant Screening
The CFPB and FTC are fining TransUnion $20 million for tenants rights violations.
TransUnion Faces Big Fine As Regulators Heed NCRC Call For Fairness In Tenant Screening Read More »
NCRC Praises White House Action On Junk Fees
The Biden-Harris effort to protect consumers from junk fees is also good for legitimate businesses.
NCRC Praises White House Action On Junk Fees Read More »
NCRC, FinTech Firms Issue Statement In Support Of Regulatory Stability At The Consumer Financial Protection Bureau
Five fintechs express support for the Consumer Financial Protection Bureau ahead of the CFPB’s Supreme Court case.
NCRC Statement On Erroneous Ruling Against CFPB Discrimination Authority
“Of course discrimination is unfair. Kindergarteners understand that. Someday the courts will too.” — Jesse Van Tol, NCRC President & CEO
NCRC Statement On Erroneous Ruling Against CFPB Discrimination Authority Read More »
NCRC Statement On Latest Partisan Attack On CFPB’s Section 1071 Small Business Lending Rules
Small business owners deserve the clarity and confidence that the CFPB’s Section 1071 rules will bring to the market for small business loans.
Congressional Republicans Are Trying To Kill CFPB’s Section 1071 Small Business Lending Rules Before They Take Effect
Anyone who wants to build a more just economy should be aware of this tactic and ready to fight it – not just on Section 1071 but on other big pending reforms.
Don’t Fear The Data: Why The Lawsuit To Repeal Section 1071 Is Wrong
A new Section 1071 lawsuit from banking industry leaders seeks to block small business lending data collection — but its arguments are false and misleading.
Don’t Fear The Data: Why The Lawsuit To Repeal Section 1071 Is Wrong Read More »
NCRC Comment Letter To The FTC And CFPB On Equity In The Tenant Screening Process
(Download) May 30, 2023 April Tabor Secretary Federal Trade Commission Office of the Secretary 600 Pennsylvania Avenue NW Suite CC-5610 (Annex B) Washington, DC 20580 Rohit Chopra Director Consumer Financial Protection Bureau 1700 G St. NW Washington, DC 20552 Re: FTC-2023-0024-0033 Dear Secretary Tabor and Director Chopra: The National Community Reinvestment Coalition (NCRC) appreciates the
NCRC Comment Letter To The FTC And CFPB On Equity In The Tenant Screening Process Read More »
Civil Rights And Consumer Advocates File Amicus Brief Urging Supreme Court To Reject Absurd Attack On CFPB
Dangerous arguments from “financial predators who miss the old days when there wasn’t a strong watchdog standing between them and our wallets.”
CFPB Puts Lenders & FinTechs On Notice: Their Models Must Search For Less Discriminatory Alternatives Or Face Fair Lending Non-Compliance Risk
“I worry that firms may sometimes shortchange this key component of testing,” the CFPB’s Patrice Ficklin said at the Just Economy Conference.
NCRC STATEMENT: CFPB Is Right To Challenge Flagrantly Incorrect Ruling In Townstone Suit
A court pretending it’s legal for a mortgage lender to label Black neighborhoods “scary” “jungles” to be avoided was “an act of cynical politics masquerading as high-minded jurisprudence.”
STATEMENT: CFPB Director Rohit Chopra Announces Final Section 1071 Rules At NCRC’s Just Economy Conference
“I am proud that Director Chopra chose to announce this much-anticipated news at our Just Economy Conference to a ballroom full of people who spend every day working to make their communities more prosperous and inclusive.”