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Business News: BofA's Once Giant Mortgage Business Is Now Listed Under 'Other Income'

One measure of how much things have changed in the last decade at Bank of America Corp.: The firm has stopped reporting fees from its mortgage business. The revenue line that once regularly topped $1 billion a quarter is now so small that the company on Monday lumped it into “all other income” from its…


Source:www.bloomberg.com


Posted: 2018-04-16 14:20:22

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