Tag: Bank of America Mortgage Production

Bank of America Mortgage Production Plummets 6% in Q3

Bank of America Mortgage Production Plummets Faster Than Contestants On A Japanese Game Show More bad news in the world of lending. As Bank of America mortgage production plummeted 6% for the 3rd quarter of 2023. This includes both mortgage and home equity production compared to the previous quarter. BofA is saying more declines are…

By Steve
2 min read

Bank of America Mortgage Production Plummets 40 Percent

Bank of America Mortgage Production Plummeted From $14.5 Billion In The 2nd Quarter To $8.7 billion In 3rd Quarter  Bank of America mortgage production plummeted to $8.7 billion in the 3rd quarter. However, it was not all bad news. The bank delivered increases in revenues and net income in the third quarter of 2022. This…

By Steve
2 min read