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GSEs Ordered To Terminate Special Purpose Credit Programs

Fannie Mae’s and Freddie Mac’s current support for such SPCP programs is ‘inappropriate,’ FHFA has determined

Business Owners Share Positive Outlook

Bank of America study indicates entrepreneurs expect to make more money this year.

May 06, 2024
State Regulators Challenge Federal Preemption In Supreme Court Filing

CSBS and AARMR allege federal overrach in Cantero v. Bank of America.

Dec 18, 2023
CFPB Slaps Bank Of America With $12 Million Penalty For False Mortgage Data Reporting

For at least four years, hundreds of Bank of America loan officers failed to ask mortgage applicants certain demographic questions.

Bank of America Whistleblower Lawsuit Dismissed by Judge

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.

Oct 02, 2023
Bank of America Earnings Rise 19% YOY

Joins other large U.S. banks in beating analyst expectations.

Jul 18, 2023