Countrywide Financial Boycott Goes National

The Boston Herald reports:

• Mortgage activist Bruce Marks yesterday unleashed a “national boycott” targeting Countrywide Financial, a campaign that comes as the giant mortgage company teeters financially. Marks, chief executive of Neighborhood Assistance Corp. of America, led dozens of protesters, many of them Countrywide borrowers facing foreclosure on high-interest, subprime loans, on protests outside three company offices in Boston. [...] “The reason we are going after Countrywide is that they are the biggest, the most aggressive and the most resistant to restructuring loans,” Marks said.

For more, see Activist group moves to push national Countrywide boycott.

See also, Countrywide Is Assailed in Protest of Policies (New York Times - 10-12-07), - "Thursday’s protest was the second this week organized by a borrower advocacy group and aimed at Countrywide. On Tuesday, ACORN, the Association of Community Organizations for Reform Now, organized a protest in eight cities."

(The community activist group ACORN demonstrated outside Countrywide's San Bruno, California office earlier ths week - see Bay Area Activists Protest Outside Countrywide Financial (Say Company Not Helping Enough)). countrywide pressure zebra