BofA Slashes Home EquityFees

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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.

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