Subject: NCRC 2010 National Conference
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Today, we face “gilded age inequality, robber baron corruption, financial booms and busts, a broken health care system, increasing poverty, and spending as much on military as the rest of world combined, while we are less secure and more threatened.We…
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“The borrowers werent risky so much as the loans were risky,” said Michael Calhoun, the president of the Center for Responsible Lending in offering a rebuttal to the argument that the foreclosure crisis was the result of government policies that…
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When Sen. Christopher Dodd (D-Conn.) last week announced that he would move forward with a consumer protection bill without seeking Republican support on the Senate Banking Committee, there was a tentative sense of progress in the room of housing advocates…
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In a panel discussion at the National Community Reinvestment Coalition’s 2010 National Convention assessing the administration’s mortgage modification initiatives, Gordon Whitman, director of public policy and communications for PICO National Network pointed to as-yet-hesitance of the bigger banks to establish…
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At about noon today, NCRC President and CEO John Taylor announced to attendees of his organization’s annual conference that the bipartisan attempt at crafting a Consumer Protection Financial Agency that would regulate mortgages and credit cards had stalled, and that…
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Dion Spencer, NCRC’s director of legislation and regulatory policy just announced that a new Consumer Reinvestment Act bill will be heard by the House Financial Services Committee, citing information from Rep. Luis Gutierrez (D-Ill.). Spencer said that Gutierrez would sponsor…
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John Trasvina, HUD Assistant Secretary for Fair Housing and Equal Opportunity, emphasized HUD and Treasurys central role the federal response to the housing crisis, this morning, as well as hinting at further tacks taken by the administration as it continues…
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Stories and pictures of the Great Depression were what finally got people to mobilize into action in the 30s, and NCRC is taking a similar approach to the foreclosure crisis, said Ed Gorman, NCRC’s chief membership and workforce officer. “A…
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It’s the second full day of the National Community Reinvestment Coalition’s 2010 National Conference and people are already assembling to hear morning remarks offered by John Trasvia, HUD’s assistant secretary for Fair Housing & Equal Opportunity. Trasvina was a last…
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U.S. Rep. Elijah Cummings (D-Md.) went a bit off script today at that NCRC 2010 National Conference when, after a emphasizing responsive, empathetic government promoting an agenda around social justice, he became more reflective, first recalling his own rental eviction…
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U.S. Rep. Elijah E. Cummings, (D-Md.) offered a sobering, but empowering assessment of the state of the U.S. economy and the impact on families and neighborhood throughout the ongoing housing and employment crises. Cummings’ remarks preceded the luncheon remarks from…
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Rooflines will be live blogging from the National Community Reinvestment Coalition’s 2010 National Conference beginning Wednesday, March 10. Join us here at Rooflines as we cover this important annual event that features a host of panels on topics that include…