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Tag Archives: Bank of America

Moynihan: “Housing Demand Will Ebb and Flow a Little Differently”

From how housing will be a leading indicator of people’s belief in their wealth, to the changing interest rate environment, Brian Moynihan, Chairman, and CEO, Bank of America gave insights on all things related to housing and mortgage at an event recently. Here’s what he had to say.

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Growth in Loans Drive BofA Revenue

Bank of America reported a solid third-quarter growth on Monday driven by growth in its overall loans. Click through to learn how residential mortgages and home equity performed during the quarter.

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WMBC Showcases Logo

This month, the Women’s Mortgage Banking Collective (WMBC) unveiled its new logo. This collective was formed in April 2018 to bring together women in all roles and levels in the mortgage banking community to educate, connect, and empower women, and was co-founded by Stacie Rankey and Toni Bramley.

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How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

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As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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First American Acquires Bank of America’s Lien Release Business

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Bank of America’s lien release business. Bank of America’s lien release business ...

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