Read our 8 Comment Letters Against this Troubled Merger

The California Reinvestment Coalition, a statewide coalition of 300+ organizations, has submitted 8 comment letters to bank regulators about this troubled merger.  You can read the letters in their entirety below.

1. October 10, 2014 letter from CRC to regulators

2. October 22, 2014 letter from CRC to regulators

3. November 25, 2014 letter from CRC to regulators

4. January 5, 2015 letter from CRC to regulators

5. February 24, 2015 letter from CRC to regulators

6. April 2, 2015 letter from CRC to regulators

7. May 6, 2015 letter from CRC to regulators

8. June 16, 2015 letter from CRC to regulators, calling for a fair housing and fair lending investigation based on analysis finding that 68% of OneWest foreclosures have happened in zip codes where the non-white population is 50% or greater; concerning trends of low lending to Asian and African American borrowers by OneWest Bank; low branch presence by OneWest bank; and foreclosures on non-borrowing, widowed spouses (who are more often women and seniors) by OneWest’s subsidiary, Financial Freedom (reverse mortgage servicer).