David Berenbaum serves as The National Community Reinvestment Coalition’s Chief Program Officer. David is responsible for implementing NCRC’s legislative, research, compliance, community lending, minority business and civil rights programs. He testified in 2007 before the House Financial Services Committee on solutions to the current foreclosure crisis in America and before the Senate Banking Committee hearing on solutions to the current sub-prime mortgage melt-down. His current national public policy and regulatory focus includes initiatives to expand CRA to reach all financial service providers, Home Mortgage Disclosure Act analysis, RESPA reform, enactment of a meaningful national responsible lending bill and related consumer protections. Mr. Berenbaum has achieved a national reputation as a civil rights expert and advocate. He attained national recognition for fair housing and related consumer protection advocacy and has appeared as an expert on numerous national news magazine shows – including Dateline NBC, 48 Hours, The CBS Evening News, Bloomberg, CNBC, CNN and others. Recently, his work documenting fair lending compliance issues by mortgage brokers through mystery shopping in six cities and concerning about appraisal valuation practices was reported on by syndicated real estate columnist Ken Harney in two articles.
Mr. Berenbaum is responsible for coordinating NCRC’s fair housing and fair lending compliance initiatives, which in 2008 will be relaunched under the historic name “National Neighbors" and the establishment of NCRC’s new CDFI, which is a component of it’s National Homeownership Sustainability Fund. David is also one of the founders of NCRC’s Center for Responsible Appraisals and Valuations (CRAV). The CRAV celebrates appraisal best practices in cooperation with it’s stake holders, who include lenders, securitizers, appraisers, real estate professionals and other public and private sector leaders.