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Resource ID: #20419
Subject: Mortgages
Source: Wall Street Journal (New York)
Date: 1999-09-13


According to the story, "...In the past five years, NACA has grown into a powerful force in the banking world - one of the nation's largest non-profit distributors of first-time home loans to low and moderate-income borrowers. Now, as it grows bigger and richer, NACA no longer has to rely on its stock-in-trade: fierce attacks on banks with a weak record for providing credit to poor communities. At the same time, though, it is coming under just the kind of scrutiny it used to level at lenders."

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