Bank of America Mortgage Production Plummets Faster Than Contestants On A Japanese Game Show More bad news in the world of lending. As Bank of America mortgage production plummeted 6% for the 3rd quarter of 2023. This includes both mortgage and home equity production compared to the previous quarter. BofA is saying more declines are […]
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 Has Prevailed In The Cook County Ghetto Loans Lawsuit As 7th Circuit Court of Appeals Rules In It’s Favor Bank of America has prevailed in a ghetto loans lawsuit brought against it by Cook County, Illinois. Cook County sued the bank alleging predatory mortgage loans to Black and Hispanic borrowers in the Chicago […]
Bank of America Is Cranking Up New York Foreclosures! Are You Prepared? Call 888.737.6344 Before It’s Too Late! Bank of America is sparking up New York foreclosures. This is bad news for New York homeowners because Bank of America is hellbent on taking your home! Therefore, MFI-Miami has teamed up with several New York law […]
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 […]
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