Industry News

Bank of America profits sink

Bright spot seen in home equity loan volume
Published on Jan 23, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Bank of America Corp., the fifth-ranked U.S. mortgage lender by total volume, today reported its first profit decline in more than four years, citing consumer bankruptcies driving up loan losses and a weak trading quarter as causes. Net income for ...