Bank of America is offering zero down payment mortgages with no ... to deepen the alarming divide between White homeownership and that of minorities. Black homeownership stood at just 43.4% ...

By Jenny Gross Bank of America is offering mortgages for first-time homeowners that do not require down payments ... Black homeownership rate was at 45 percent, while the rate of white ...

Bank of America Corp. started a trial program aimed at helping first-time homebuyers in Black and Hispanic neighborhoods by offering mortgages that don’t require down payments, closing costs or ...

Bank of America this week announced that it will be launching a mortgage option for first-time home buyers offering no down payments ... rates between Black and white families in the United ...

Bank of America said ... over claims that it charged Black and Hispanic homebuyers higher interest rates than white applicants. In 2012, Wells Fargo agreed to pay $175 million to settle claims ...

Putting together a down payment on a home can be a huge hurdle for some buyers. Bank of ... rate for Black Americans has been nearly 30 percentage points lower than that of white Americans.

Image A Wells Fargo ... services or none at all. And black customers who have bank accounts pay more — $190 more for a checking account — compared with white customers, according to one ...

The lawsuit filed April 14 in the Northern District of California states the bank approved more white ... to pay at least $175 million to settle accusations that it discriminated against Black ...

Bank of America is launching a new program in Charlotte and several other cities that will offer home loans with no down payments and ... gap between white and Black or Latino Americans, the ...

Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain Black and Hispanic neighborhoods in a new program designed to chip away at ...