CHARLOTTE, N.C. - (09/16/04) -- Bank of America said Wednesday it isexpanding its no-fee home equity line of credit across the country.The product was rolled out in California, Oregon, Washington andIdaho in recent months and helped boost BofA's home equity volumeon the west coast by 50%. BofA said it made $28 billion worth ofhome equity loans in the first half of the year, compared to $38billion all of last year.
Housing economists at ICE Experience 2026 predict mortgage growth but also say the home finance industry has yet to fully adapt to the disruption of this decade.
The Oklahoma community bank partnered with two digital asset companies to create a cross-border form of tokenized U.S. dollar deposits.
Grand Rapids-based Independent Bank Corp. has agreed to buy HCB Bancorp for $70.2 million — the buyer's first deal since 2017.
Participate, a loan participation network, has agreed to use tokenized dollars issued by Custodia Bank and Vantage Bank.
Royal Bank of Canada is rolling out AI across its businesses in an effort to become more efficient and generate more revenues. The Toronto-based bank recently created an internal AI accelerator that directly reports to CEO Dave McKay.
The Ohio-based lender is accusing Atlantic Coast Mortgage of stealing customers, while a Chicago bank is accusing Lower of raiding a Maryland branch.
