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IN BRIEF / California

Countrywide, AME Church to Join Forces

July 18, 2002|Daryl Strickland

Countrywide Home Loans and the fifth district of the African Methodist Episcopal Church will join in an effort to expand home ownership in California and a dozen other states.

The partnership, which will be announced today at a religious conference in Ontario, represents the largest agreement between Calabasas-based Countrywide and a faith-based organization.

The company's goal is to generate $30 million of home loans over the next two years, a spokeswoman said. The lender will sponsor educational workshops and offer other programs through its local branches intended to show renters how to become owners.

Daryl Strickland

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