Bank of America is offering zero down ... threatened to deepen the alarming divide between White homeownership and that of minorities. Black homeownership stood at just 43.4% at the end of 2020 ...

The racial wealth gap in the US is stark. For every $1 of wealth held by a white family, a Black family had just $0.25 in 2022, according to the Federal Reserve Bank of St. Louis. Black families ...

Black and Hispanic homeowners face a number of additional obstacles when buying homes compared with white homeowners ... credit-building opportunities. It was also critical that Bank of America ...

The study is part of Access Commitment, a series of initiatives across U.S. Bank to increase wealth-building opportunities, starting with the Black community. “The study revealed an eight-to-one ...

White households are now 40% more likely to be able to afford to buy a home compared with Black households, the association said. Bank of America and other major financial institutions like Wells ...

A New Jersey-based bank ... Black and Hispanic census tracts in the Newark (area) from obtaining mortgage loans, while acting to serve the credit needs for mortgage loans in majority white census ...

Bank of America Corp. is drawing a mixed reaction in social media to a zero-down-payment mortgage program aimed at bringing first-time home ownership within closer reach of more African American ...

According to the Federal Reserve Bank of Philadelphia ... and financial advisors and professionals (35 percent).” As the Black-White wealth gap increases and federal job opportunities ...