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RALEIGH, NC (AP) — The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

The group called North Carolina Citizens for Progress produced the ad that launched Friday. A DGA spokesman said the ad buy’s cost is comparable to one for a commercial started this week by the Republican Governors Association, which was in the hundreds of thousands of dollars.

The ad seeks to tie McCrory’s position on the board of directors of Tree.com Inc. since 2009 with financial settlements or penalties by company subsidiaries over their lending or mortgage practices. McCrory was in his last year as Charlotte mayor when he joined the board.

McCrory’s campaign didn’t immediately comment about the commercial.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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