Re-sending to correct the first headline - sorry about that!
NCRC Black wo
[email protected] ([link removed] )
Just News
for October 14, 2022
News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .
For continuous updates, follow us on Twitter ([link removed] ) , FB ([link removed] ) , LinkedIn ([link removed] ) and I ([link removed] ) G ([link removed] ) .
Announcements
#WelcomeMe #FairHousingMatters Selfie Challenge
By NCRC
Feel welcome at home? Help us wipe out housing discrimination! Take the #WelcomeMe #Fairhousingmatters Selfie challenge. [Read more ([link removed] ) ]
News
NCRC Statement On Edward Jones Withdrawing Its ILC Charter Application
By NCRC
“ILCs are fundamentally harmful and deceptive corporate structures designed to elude banking regulations and oversight while still seeking to profit from banking activities – which is why NCRC has worked to cajole regulators into cracking down on this ugly trickery. Edward Jones is one of the largest nonbank financial companies in the world. If even the titans of finance can be successfully discouraged from seeking ILC charters, that’s a win for the American consumer." [Read more ([link removed] ) ]
Views
Why Banks Are Suing For The Right To Discriminate – And Why They’re Wrong
By Adam Rust and Brad Blower
A coalition of corporate lobbyists recently sued in federal court asserting that the Consumer Financial Protection Bureau (CFPB) lacks authority to protect consumers from discriminatory practices. The lawsuit asserts that the CFPB cannot apply its authority to address unfair, deceptive, or abusive acts and practices (UDAAP) in combating discriminatory practices. [Read more ([link removed] ) ]
Events
Quarterly Fair Housing Call
October 20, 2022, 1 pm ET
Please join us for NCRC’s quarterly Fair Housing call where we discuss national trends in fair housing, fair lending, and strategize how to address prevailing discriminatory housing practices across the country. This call is open to NCRC members only. [Read more ([link removed] ) ]
In the News
Big Banks, Nonbanks Largely Absent From FHFA's Home Loan Bank Inquiry
By Kate Berry, American Banker
Banks may have another reason not to increase deposits: Community Reinvestment Act obligations increase when deposits rise, said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition. [Read more ([link removed] ) ]
Banks Are Abandoning Their Real Estate Faster Than Ever, To The Delight Of Developers
By Robert Davis, Business Insider
Since the pandemic began, financial institutions have been shedding branches at double the pace of the 2010s, as remote work and digital banking reduce demand for retail services, according to data from CBRE and the National Community Reinvestment Coalition. [Read more ([link removed] ) ]
On Our Radar
White House Unveils Application Form For Biden’s Student Debt Relief
By Michael Stratford, Politico
The White House on Tuesday unveiled new details for how tens of millions of Americans will be able to apply for student loan forgiveness and outlined how it plans to prevent fraud in the relief program. [Read More ([link removed] ) ]
Prices Rose Again In September, Ensuring Tough Interest Rates To Come
By Rachel Siegel, The Washington Post
Inflation sped up in September compared with the month before, rising 0.4 percent, despite policymakers’ work to bring down higher prices that have weighed on American families and businesses. [Read more ([link removed] ) ]
Resources
A DC Hub For Nonprofits, Events And Work
For nonprofits and social sector ventures in DC: Do your work and meetings at the new Just Economy Club in DC. It’s hosted by NCRC in the historic Union Trust building at 15th and H Streets, just around the corner from The White House. [Read more ([link removed] ) ]
Learning & Training Hub
Register for NCRC's catalog of professional development courses for community development leaders. [Learn ([link removed] ) more ([link removed] ) ]
Research And Reports
We have an extensive library of research and reports that dates back many years; now available in one convenient location! [View all ([link removed] ) ]
Racial Wealth Snapshots
Browse our catalog of socioeconomic briefs and infographics. [View all ([link removed] ) ]
Sign And Share The Just Economy Pledge
America should not only promise but deliver to all Americans opportunities to build wealth and live well. Sign the pledge and share it to help us expand the movement for a Just Economy. [Sign and Share ([link removed] ) ]
Member Hub
NCRC members: Don't forget you have access to our member hub ([link removed] ) ! Learn more about membership here ([link removed] ) . You can join as an organization or an individual ([link removed] ) .
Fair Lending Tool
Use our interactive tool to produce a report on mortgages, small business lending and bank branch networks for any city, county or metro area in the nation. [Access the tool here] ([link removed] )
TreasureCRA Page
CRA will be essential for COVID-19 economic recovery in the communities hardest hit by the pandemic. Use the tools on this page to reach your friends and local leaders. [Read more] ([link removed] )
Support our work
Join the Just Economy Club, the network for individuals who support NCRC’s research, publishing, investigations, training, advocacy and programs. Join Here ([link removed] )
Jobs
We are always looking for talented people.
Click here to see job openings. ([link removed] )
Twitter ([link removed] )
Facebook ([link removed] )
LinkedIn ([link removed] )
Instagram ([link removed] )
Website ([link removed] )
Copyright © 2022 NCRC, All rights reserved.
Manage Preferences/Unsubscribe ([link removed] )
National Community Reinvestment Coalition
740 15th St NW, Suite 400
Washington,DC xxxxxx
