Bank of America, mired in scandal and facing potential losses over its alleged mishandling of mortgages, now says it will be able to fully leave its taxpayer bailout behind. Whether the nation will soon escape its own bad experiences with Bank of America — not least, a spate of allegedly unfair and improper foreclosures — remains an open question.
Bank of America promises to meet bailout requirement, but challenges remain
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Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020.