Hawaii Fair Lending Coalition challenges BofA merger
Hawaii Fair Lending Coalition, along with the
California Reinvestment Committee, has challenged Bank of America's proposed
merger with Fleet Bank of Boston, "seeking a full investigation of the impact of
this large conglomerate on access to credit for under-served neighborhoods,"
according to their press
release.
"'The Bank has failed to meet its Federal Reserve-ordered commitment of $150 million to Native Hawaiians for mortgage loans on their home lands,' said Ian Chan Hodges, with the Hawaiian Fair Lending Coalition (808-573-1000). 'We Intend to raise that issue in the regulatory proceedings.'"
"'The Bank has failed to meet its Federal Reserve-ordered commitment of $150 million to Native Hawaiians for mortgage loans on their home lands,' said Ian Chan Hodges, with the Hawaiian Fair Lending Coalition (808-573-1000). 'We Intend to raise that issue in the regulatory proceedings.'"
Posted: Sun - November 16, 2003 at 12:40 PM
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is about Hawaii's status as an independent country under prolonged illegal occupation by the United States, and the history, culture, law & politics of the islands.
And about East Maui kalo farming and other projects. Plus popoki pics (cats).
By Scott Crawford - Hana, Maui
And about East Maui kalo farming and other projects. Plus popoki pics (cats).
By Scott Crawford - Hana, Maui
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