Bank of America Says It Will Make $5 Billion in Mortgages to Low- and Moderate Income Borrowers
CNBC, Apr. 2, 2019–Hugh Son
Bank of America said it will help low- and moderate-income people become homeowners by extending $5 billion in mortgages. The five-year “Neighborhood Solutions” program also includes grants for down payments and closing costs and mortgage packages with small down payments.