The U.S. Supreme Court has asked the Solicitor General to weigh in on three mortgage-escrow cases that have produced conflicting appellate rulings over whether federal law shields national banks from state requirements to pay interest on borrowers’ escrow balances....
Most Americans believe it is better to buy a home than to live in rental housing, according to the latest Bank of America Homebuyer Insights Report. This marks the first time in three years that report respondents favored homeownership over renting. Sparks Research...
Jerome Powell drops a bombshell, a new movie celebrates a pioneering banker, and the Washington Commanders debut their new stadium’s design. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 12-16. Hit: A Very Big...
Bank of America (NYSE: BAC) has allocated $10 million in zero-interest loans to Community Development Financial Institutions (CDFI) for ongoing housing, nonprofit facilities, and small business assistance to the victims of last January’s wildfires in Los Angeles...
Bank of America (NYSE: BAC) has announced plans to open more than 150 new financial centers across 60 markets by the end of 2027, including 40 this year and an additional 70 in 2026. The Charlotte, North Carolina-headquartered bank also announced the recent opening of...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
