Associates First Capital Corp. establishes a $100 million loan pool for low-to-moderate-income people through NACA.
American Banker
Lender Appeases Activists with $100M Pledge
The Wall Street Journal
Associates First Offers Rate-Cut Plan To Low-Income Home-Equity Borrowers
Associates First Capital Corp. makes a $100 million pledge to Neighborhood Assistance Corporation of America.
El Boston Globe
Lender Settles Suit With New Mortgage Plan
Associates First Capital Corp., also known as The Associates, faced with two class-action lawsuits filed Friday in Massachusetts and California, agreed to a new mortgage policy following a marathon weekend...
Associated Press News Wire – Home-Equity Lender Settles Suits
Customers of the nation's largest home-equity lender who are paying 13 percent interest or more will be able to get automatic interest rate reductions on their loans thanks NACA.
The Dallas Morning News
Activist Targets Associates Meeting
Boston community activist and NACA CEO Bruce Marks applies pressure to hold predatory lender accountable.
El Boston Globe
The Boston Globe – Fleet Deal Cited in Senate CRA Debate
A 1994 agreement between Boston banking activist and Fleet Financial Group Inc. was highlights on the Senate floor yesterday as a prominent lawmaker argued for changes to a federal law...
El Boston Globe
Activist Seen Target In Push For Banking Bill
More than five years following NACA's campaign against Fleet Financial Group, a prominent Senator tries to take on NACA CEO Bruce Marks Community Reinvestment Act.
Business Journal
‘Banking Terrorist’ Out to Make Loans Easier
Boston based housing advocacy group has opened an office in Memphis, TN, with plans to make homeowners of Memphians who otherwise couldn't accomplish that goal.
The Atlanta Journal
The Atlanta Journal Constitution – Terms of New NACA Loan Program Unbelievably Good
The Atlanta Journal gives praise to NACA's best in America mortgage product. "Programs such as this one have been tried in the past, but never on such a scale. NationsBank...
Business Journal
NACA Loan Program Draws 1,000+ Applicants
At a June 23 rally for the Neighborhood Assistance Corp. of America, Boston housing activist Bruce Marks gave Hugh McColl Jr. a door-knocker as a symbol of the group's plans...
El Boston Globe
Loan Rescues Florida Couple: Refinancing Plan Averts Foreclosure
A Florida couple nearly loses their home to a predatory home equity loan from The Associates, until Bruce Marks asked BancBoston to step in and rescue the family with a...
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