Bank of america investing has benefited from resilient mortgage

Bank of America investing has benefited from resilient mortgage origination volume, up 4% month-over-month in August 2024 as 30-year fixed mortgage rates eased slightly from July highs. Leading banking associations, including those that represent Bank of America, have expressed concern to U.S. lawmakers about a potential regulatory gap in stablecoin legislation. They warn that such a loophole may allow crypto exchanges to offer interest on stablecoins in a way that could disadvantage traditional banks. [3] Bank of America Investment Solutions Group, August 25, 2025 Recent Fed Beige Book commentary supports steady loan demand in the Southeast, historically a core market for Bank of America investing, which could underpin regional profitability metrics.