Bank Of America
Home prices in the D-FW housing market showed mixed movement last month as rising inventory and longer selling times had their different impacts on the various submarkets. MetroTex Association of Realtors’ latest reports for the month of January showed that the median home price across the Metroplex fell by 2.9% year-over-year, clocking $375,000. Closed sales…
Dallas could be making some headway toward its goal of providing mixed-income housing throughout the city thanks to a program from Bank of America. The program, which offers no down payment home loans for first-time homebuyers in Black and Hispanic neighborhoods, is one of the first of its kind. Such initiatives were identified in the…
As the nation’s economy unravels from the effects of Covid-19, here’s some good news: At least one major bank is offering consumer and small business clients mortgage relief and other consumer-friendly breaks. HousingWire reported late Thursday that Bank of America is offering clients a mortgage deferral program on loans in the bank’s portfolio: Bank of…
Bryan Sherman is the Senior Vice President and Regional Sales Executive at Bank of America in Dallas. And, for a banker, he’s a pretty funny guy. When I asked him exactly WHAT he does at BofA — I love to give anyone from the Big Three a hard time, because frankly, I prefer smaller local…
Thousands of homeowners underwater on their Bank of America mortgages could receive one of the 200,000 letters the bank is sending out offering partial loan forgiveness. According to Bankrate.com, BofA borrowers have to clear a pretty significant series of hurdles in order to qualify for the “principal reduction program”