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  2. Bank of America announces zero down payment mortgages for ...

    www.aol.com/finance/bank-america-announces-zero...

    Bank of America said it is now offering first-time homebuyers in a select group of cities zero down payment, zero closing cost mortgages to help grow ... Wells Fargo agreed to pay $175 million to ...

  3. Bank of America Home Loans | Wikipedia

    en.wikipedia.org/wiki/Bank_of_America_Home_Loans

    Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United States, at a value of about 3. ...

  4. Mortgage discrimination | Wikipedia

    en.wikipedia.org/wiki/Mortgage_discrimination

    t. e. Mortgage discrimination or mortgage lending discrimination is the practice of banks, governments or other lending institutions denying loans to one or more groups of people primarily on the basis of race, ethnic origin, sex or religion. Instances of mortgage discrimination occurred in United States inner city neighborhoods from the 1930s ...

  5. Redlining | Wikipedia

    en.wikipedia.org/wiki/Redlining

    [24] [25] Between 1945 and 1959, African Americans received less than 2 percent of all federally insured home loans. [26] [27] [28] Banks and mortgage lenders were not the only private entities to develop redlining practices. Property insurance companies also instituted rigid redlining policies in the post-World War II period.

  6. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    e. Government policies and the subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007-2009. The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2007–2008 financial crisis and subsequent recession. It was characterized by a rise in subprime ...

  7. The housing market is ‘stuck’ until at least 2026, Bank of ...

    www.aol.com/housing-market-stuck-until-least...

    The housing market is ‘stuck’ until at least 2026, Bank of America warns. Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices ...

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