AFREF joined the National Community Reinvestment Coalition, the National Consumer Law Center (on behalf of its low-income clients) and the Center for Responsible Lending in sending a letter to the FDIC saying that Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter.
The post Letters to Regulators: Groups Call On FDIC To Reject Ford Credit’s ILC Charter Application appeared first on Americans for Financial Reform.