The new mortgage, called the Community ... report. 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 ...

Bank of America said the new mortgage, known as the Community Affordable ... deepen the alarming divide between White homeownership and that of minorities. Black homeownership stood at just ...

Many are community ... Black American households are unbanked, compared with 1.9% of white households, according to a 2023 survey by the Federal Deposit Insurance Corp. [0] A Black-owned bank ...

Black and Latinx homeowners are finally getting a lift from one of the nation’s largest banks in the newly revived real estate market. Bank of America’s BAC new ‘Community Affordable Loan ...

AJ Barkley, the head of neighborhood and community lending for Bank ... process. Black and Hispanic homeowners face a number of additional obstacles when buying homes compared with white homeowners.

According to the Federal Reserve, Black people are two times more likely to be denied credit than their white counterparts ... the Black community. By switching to a Black-owned bank, you ...