"This is outrageous, " Bruce Marks, head of the Neighborhood Assistance Corporation of America, a non-profit homeowner advocacy group, told the BBC.
BBC: Banks pay $8.5bn to settle home foreclosure review
Mr. BRUCE MARKS (Head of Neighborhood Assistance Corporation of America): These are the same people that created a problem and profited from the problem.
NPR: Ex-Countrywide Chief Forms Mortgage Buyout Firm
Bruce Marks is the head of the Neighborhood Assistance Corporation of America, or NACA. He doesn't like that PennyMac founders came out of Countrywide, an aggressive subprime lender.
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