Terrence Laughlin, 63, had been a trustee of the Urban Institute since 2015 and was vice-chairman at Bank of America.
Read More »BofA CEO Moynihan Speaks on Housing Trends
Brian Moynihan, Chairman and CEO, Bank of America gave insights into the trends shaping the housing market at a recent industry event. Click through to learn what he shared.
Read More »Bank of America Income Rises on “Solid Loan Growth”
Bank of America reported that its overall average loans and leases increased 6 percent from the third quarter last year. Here’s how its residential mortgage loan operations grew during this period.
Read More »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.
Read More »Anticipating Bank of America’s Loan Originations Performance
The bank reported higher earnings in the second quarter of 2018 and expects consumer real-estate originations to remain solid. Here’s what Bank of America said it expects from its mortgage portfolio in the second half of 2018.
Read More »The Week Ahead: Bank of America Q2 Results
On Monday, Bank of America will release its second-quarter results. Here’s what else is in store in The Week Ahead.
Read More »Stress Tests: How Will Mortgage Loans Impact Bank Losses?
The results of the stress test scenarios to determine the resiliency of lenders in financially adverse situations were released for the three biggest banks in the country. Here’s what they revealed about loans that are most likely impact banks’ losses if things go south.
Read More »Bank of America Makes a Business Case for Inclusion
Bank of America plans to hire talent from low- and moderate-income communities as part of its initiative to provide professional skills training and jobs for members of the communities the bank serves. Here’s how.
Read More »Bank of America Reports Record Earnings in Q1
Growing consumer activity and a solid U.S. economy spurred a record growth in earnings for Bank of America in the first quarter of 2018, that exceeded market expectations. How did it’s lending business perform? Click through to learn more.
Read More »The Week Ahead: Gauging Builder Confidence
Data from the housing market index released by the National Association of Home Builders will analyze builders’ perception of the housing market’s performance. Here’s what else is in store in The Week Ahead.
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