NCRC Statement In Opposition To The TABS Act
“The TABS Act is a free pass to Wall Street and a threat to household finances for the rest of us.”
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Consumer Financial Protection Bureau (CFPB)
NCRC Statement On Supreme Court’s Decision To Take Up Key CFPB Case
The CFPB’s authority should be upheld because that is “indisputably the right interpretation of the law.”
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Court’s Decision in Townstone Financial Gives A Green Light to Discriminatory Lending
A poorly reasoned court decision threatens to upend key elements of federal fair lending law, inviting lenders to discriminate against would-be borrowers.
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Why The Biden-Chopra Crackdown On Credit Card “Junk Fees” Is A Big Deal
Your government is about to save you a lot of money, though you might not realize it.
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NCRC Comment Advises Regulators To Create A Publicly Available Auto Lending Database
The CFPB should create a large, robust and user-friendly public database for the uniquely high-pressure, low-transparency auto lending market.
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NCRC Comment To CFPB: Enhancing Public Data On Auto Lending
December 19, 2022 Comment Intake Auto Lending Data Gaps Consumer Financial Protection Bureau 1700 “G” St., NW Washington, DC 20052 RE: Enhancing Public Data on Auto Lending, Document ID CFPB-2022-0075-0001 Dear Sirs: Please accept this comment from the National Community Reinvestment Coalition. The National Community Reinvestment Coalition and its grassroots member organizations create opportunities for
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Data Disclosure Laws Lose Power If The CFPB Makes Data Hard To Use
The CFPB’s dissemination of HMDA data is a cautionary tale that must not be repeated in the dissemination of the Section 1071 data.
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NCRC And Co-Plaintiffs’ Legal Victory Means Mortgage Lenders Must Comply With More Robust Fair Lending Reporting Requirements
The change brings mortgage data reporting back into line with Congress’s intent, starting in 2023.
Long-Awaited Small Farm Loan Data Will Play Vital Role In Closing Race, Gender Divides
Examining the transformative potential of an underappreciated piece of a long-awaited small business lending regulation.
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The Fifth Circuit’s CFPB Ruling Is Bad Logic And Worse Law. Here’s Why.
The Fifth Circuit’s misguided decision is a get-out-of-jail-free card for financial swindlers — and a threat to the entire economy.
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Why Banks Are Suing For The Right To Discriminate – And Why They’re Wrong
Powerful corporations are mounting an audacious new attack on the federal government’s work to protect Americans from discrimination.
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NCRC Statement On Bank Lobbyists’ Lawsuit To Preserve Banking Discrimination
‘Lobbyists think their clients have a right to discriminate. I am astounded that the banks that make up the ABA and the CBA want their name attached to this.’
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Federal Court Throws Out Trump-Era Anti-Transparency Rule For Mortgage Lenders
A federal judge has sided with community groups to restore key mortgage lending transparency requirements after NCRC and others sued the CFPB in 2020.
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$24 Million Settlement Of Modern-Day Redlining Case In Philadelphia Shows Government Takes Lending Discrimination Seriously
The National Community Reinvestment Coalition (NCRC) on Wednesday applauded a $24 million settlement to punish serious intentional discrimination and redlining in the Philadelphia area, and urged the courts to endorse disciplinary action against Berkshire-Hathaway subsidiary Trident Mortgage Company proposed by the Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB). “Lending discrimination is a
NCRC, Innovation Council Call For CFPB To Clarify Lender Demographic Data Guidance
The National Community Reinvestment Coalition (NCRC) and a majority of its Innovation Council for Financial Inclusion (IC) called on the Consumer Financial Protection Bureau (CFPB) to clarify how lenders can request and use customer demographic data including race. Such clarity would help lenders to self-test for fair lending by soliciting such data. Federal fair lending
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