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WASHINGTON — Bank of America Corp. is suspending its work with the housing affiliate of the community organizing group ACORN.
The decision comes as Republicans in Congress asked 14 financial institutions to give an accounting of their dealings with the Association of Community Organizations for Reform Now and its affiliates.
In a statement, Bank of America said it would not enter into any further agreements with ACORN Housing Corp. until the bank is satisfied all issues have been resolved. ACORN Housing Corp. and Bank of America have worked together for years on mortgage foreclosure issues.
