News

Bank of America recently introduced a new program that’s intended to expand home ownership in predominantly Black and Latino neighborhoods. According to a statement on its website, The Community ...
Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain Black and Hispanic neighborhoods in a new program designed to chip away at ...
In 2011, Bank of America agreed to pay $335 million to settle the Justice Department’s allegations that its Countrywide Financial unit charged higher rates and fees to around 200,000 qualified ...
Bank of America is launching a mortgage with no down payment or closing costs that aims to promote homeownership in minority communities in five U.S. cities. The new program is geared toward first ...
The Bank of America announcement cited data from the National Association of Realtors that shows a nearly 30% gap between white and Black homeownerhsip rates. The gap between white and Latino ...