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Advocates Warry Of BoA, CFC Deal.
Calabasas, CA -- A quartet of consumer groups have expressed their apprehension about the proposed takeover of Countrywide Financial Corp. here by Charlotte, N.C.-based Bank of America in a letter to the two top Democrats in Congress overseeing financial matters.
The four groups - the California Reinvestment Coalition, Community Reinvestment Association of North Carolina, Neighborhood Economic Development Authority project and New Jersey Citizen Action - sent a letter addressed to Sen. Christopher Dodd, D-Conn., the chairman of the Senate Banking Committee, and Rep. Barney Frank, ...
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Source: HighBeam Research, Advocates Warry Of BoA, CFC Deal.