August 11, 2025

bank of america

Mortgage

High mortgage rates and market uncertainty leave homebuyers on the fence, survey finds

(InvestigateTV) — Uncertainty in the real estate market and high mortgage rates are making homebuying a challenge for many Americans. Bank of America’s latest survey found 60 percent of potential and current homebuyers are unsure whether now is the right time to buy. But more than half – 52 percent – said conditions are better

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Banking

Trump alleges political ‘de-banking’ by JPMorgan Chase, BofA

By Jon Brown, Christian Post Reporter Tuesday, August 05, 2025 Flowers stand in front of a Chase sign at a bank branch inside the JPMorgan Chase headquarters on May 14, 2012, in New York City. | Getty Images/Justin Sullivan President Donald Trump claimed Tuesday that two major banks discriminated against him for political reasons, a

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Banking

“Banking” on the potential of a Wilmington neighborhood’s transformation | The Latest from WDEL News

The Wilmington Neighborhood Conservancy Land Bank is closing in on 400 blighted properties transformed since 2018. A $250,000 grant from Bank of America is going to the Land Bank’s Lower Hilltop Equitable Housing and Neighborhood Revitalization Initiative. During a ceremony and building tour Tuesday, Councilwoman at-large Maria Cabrera said it means more than dollars and

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Banking

Banking boost for JS-SEZ | The Star

Six major financial institutions roped in to support investment growth KUALA LUMPUR: Six major financial institutions – both local and international – have been roped in to support investment growth in the Johor-Singapore Special Economic Zone (JS-SEZ). The six are Bank of America, HSBC, Sumitomo Mitsui Banking Corporation, CGS International Securities, Maybank and CIMB. Economy

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Loans

Black-owned lender turns big bank grants into community loans

About five years ago this week, George Floyd, a Black man in Minneapolis, was murdered by a white police officer. After the murder and the nationwide movement it inspired, several big banks, including JP Morgan Chase, Citibank, Bank of America and Wells Fargo, announced that they’d invest millions of dollars in small, Black-owned banks across

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Mortgage

Bank of America, Citi warn of mortgage business softening

Bank of America chair and CEO Brian Moynihan said in a statement that the bank’s clients “have been performing well, consumers have shown resilience, continuing to spend and maintaining healthy credit quality.” But he added that “[we] potentially face a changing economy in the future.” Speaking to analysts, Moynihan also said that “there’s a lot

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