Associates First Capital accused of unfair practices and decides to join in partnership with NACA’s best in America mortgage program.
Associates First Capital Corp. establishes a $100 million loan pool for low-to-moderate-income people through NACA.
Associates First Capital Corp. makes a $100 million pledge to Neighborhood Assistance Corporation of America.
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 meeting with members of NACA.
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.
Boston community activist and NACA CEO Bruce Marks applies pressure to hold predatory lender accountable.