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The Bank of America has made a significant step on the way to the housing market recovery. The bank agreed to settle with its 22 investors.

The state of Arizona makes an agreement with the Bank of America. Arizona homeowners can qualify for home loan modification program.

New pilot program provided by some large national banks lets checking account holders choose banking fees. Is it possible?

Bank of America became a target of the Federal Reserve for the mortgage bounds being considered as the worst national offender and the state of Arisona now steps in on behalf of its homeowners. A lot of American families were led to foreclosure expecting the mortgage loan modification promised by banks.

Nation's largest banks are easing the loan terms and reduce the balances on mortgages deemed as risky. The program mostly concerns option ARM loans.

Bank of America is hosting a free homeowner assistance event in Miami, Thursday, April 12 through Saturday, April 14 at the Miami Beach Convention Center, 1901 Convention Center Dr. The company estimates that nearly 20,000 customers within 125 miles of Miami may benefit from the workshops and services being provided.