Bank of America saw an 80% jump in mortgage applications between January and March as buyers were tempted by increasing home inventory and lower long-term bond yields, an executive said.

Additionally, banks are underwriting much better loans than before the Great Recession and generally require much more equity from borrowers. Wealth management loans have more than doubled, while ...

Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan ...

As tariff turbulence continues, BofA is predicting a slowdown, not a downturn. But America's second-largest bank is also ...

Investing.com -- Phillip Capital upgraded Bank of America to Buy from Accumulate on Thursday, highlighting strong growth in investment and brokerage fees, as well as improving net interest income ...

mortgages, auto loans) would immediately find reflection in this crucial bank performance metrics. In 1Q25, Bank of America’s net charge-offs amounted to $1.45 billion, reflecting a 3.1% ...

NEW YORK (Reuters) -Bank of America saw an 80% jump in mortgage applications between ... The company hired more employees to handle the projected surge in business. Its headcount swelled to ...