BofA And Wells Fargo Shutter A Combined 36 Branches Across The US. Is The U.S. Headed Toward Another Banking Crisis? The Comptroller of the Currency is reporting that BofA and Wells Fargo have closed 21 and 15 branches respectfully since October 1, 2023. US Bank and Chase are continuing to close bank branches. So far, […]
Bank of America Mortgage Production Plummeted From $14.5 Billion In The 2nd Quarter To $8.7 billion In 3rd Quarter Bank of America mortgage production plummeted to $8.7 billion in the 3rd quarter. However, it was not all bad news. The bank delivered increases in revenues and net income in the third quarter of 2022. This […]
Bank of America Reports Mortgage Originations Are Down 11.5% In Second Quarter Bank of America reports that customers haven’t slowed down their activities despite a fear of a recession. In addition. Bank of America reported that deposits have grown to a record level above $1 trillion. The bank also says consumer spending is increasing for […]
Bank of America Alert! Can Bank of America Validate Your Mortgage Debt And/Or Prove Standing? Probably Not! MFI-Miami has issued a Bank of America Alert. You need to get in touch with our Bank Of America foreclosure defense team immediately. The team’s focus is solely on helping homeowners develop strategies to fight Bank of America! […]
Bank of America To Replace Local Tellers With Low-Wage Video Conferenced Tellers In the past three months, Bank of America has quietly been replacing their ATM machines with models that allow for video conferencing. At first glance, it appears Bank of America did this to make their ATM customers feel all warm and fuzzy. “Too often, […]
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