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CSBS and AARMR allege federal overrach in Cantero v. Bank of America.
For at least four years, hundreds of Bank of America loan officers failed to ask mortgage applicants certain demographic questions.
Allegations of fraudulent reporting in the "Down Payment Grant Program" meet their end as the US District Court dismisses the case, with the government choosing not to intervene.
Joins other large U.S. banks in beating analyst expectations.
Bank's Q1 profits jumped 15%, both quarter over quarter and year over year.
Collaborating with Enterprise Community Partners to preserve housing for middle-income earners.