(Boston, MA) – On Wednesday, December 13th, at 1:00 p.m., Chief Justice Judge E. George Daher welcomes NACA and over a hundred future homeowners into his courtroom to announce one of the most important home ownership programs in Massachusetts’ history.
NACA, in partnership with the Bank of America, will provide working people in Massachusetts with the Best Mortgage Product in America:
No down payment, No closing costs, No fees, Perfect credit not required,
Below market interest rate of 6.5% for a 30 yr fixed.
When the Bank of America brought its impressive record of community lending and $300 million to the table, NACA saw a unique opportunity to restore competition in the Massachusetts housing market. The arrangement will not only allow NACA to expand its mortgage program but will improve its level of service as well.
Chief Justice Daher applauds the entry of the country’s largest bank into Massachusetts, saying, “The partnership of NACA and the Bank of America provides not only an unbelievable mortgage but free counseling services that include landlord tenant education. The result will be an alternative for working people who, through no fault of their own, may have ended up as a plaintiff or defendant in my courtroom. This is a blessing.”
Massachusetts can start celebrating the holidays with an end to Fleet’s blockade of affordable credit for working people. Bruce Marks, NACA’s CEO states, “While Fleet and its CEO Terry Murray are known throughout New England for exploiting consumers, the Bank of America provides a community lending standard of excellence.”
When: Wednesday December 13, 2000
Time: 1:00 p.m.
Where: Edward Brooke Court House, 24 New Chardon Street,
4th floor, Courtroom 9
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