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The moves are part of an ongoing effort by the Seattle bank to largely exit mortgage lending.
April 8 -
The two banks will each give $15 million to the Foundation for the Carolinas, which supports affordable housing development in Mecklenburg County.
April 5 - Moynihan's call for unity, CFPB payday revamp, Morgan Stanley's AI strategy: Top stories of the week
'There is no division in our industry,' BofA's Moynihan says; why CFPB's payday revamp is an even bigger deal than you think; Morgan Stanley's new data strategy for higher-quality AI; and more from this week's most-read stories.
April 5 -
Readers react to Sen. Elizabeth Warren's "too big to jail" bill, respond to legislation prohibiting banks from denying service to gun dealers, consider the impact of housing finance reform on small lenders and more.
April 5 -
On Sep. 30, 2018. Dollars in thousands.
April 5 -
The CEO of the nation's largest bank urged policymakers to ease capital rules for banks and tackle inefficiencies in the housing markets, while offering bold ideas of his own on education and health care.
April 4 -
The administration official will serve a five-year term as Fannie Mae and Freddie Mac's chief regulator.
April 4 -
Publicly traded banks will have to book expected losses on loans starting next year; the jump in mortgage refinancings could be a mixed bag for banks.
April 4 -
On Sep. 30, 2018. Dollars in thousands
April 4 -
After a brief delay, the agency’s acting director signed off on Fannie Mae and Freddie Mac contributing to the National Housing Trust Fund and Capital Magnet Fund.
April 3