Get Your Mortgage Rate Quote in Just 30 Seconds

Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below.

BofA Mortgage Production Chief Moving to Charlotte

Bank of America Corp.’s head of consumer lending, a former Countrywide Financial Corp. executive who has been based in New York, is relocating to Charlotte, North Carolina, the lender said.

From the bank’s Charlotte headquarters, Steve Boland will continue to be in charge of auto, home and other types of consumer lending in the company’s consumer banking and wealth management units.

He will also continue to report to Boston-based Dean Athanasia, who reports directly to Chief Executive Officer Brian Moynihan.

Boland’s unit employs roughly 10,000 nationwide, including in Charlotte, where the bank has mortgage call centers.

Boland, 46, joined BofA through its 2008 acquisition of subprime-mortgage lender Countrywide, a purchase that has produced huge losses for the bank from soured loans and legal settlements. At Countrywide, his roles included president of its LandSafe Appraisal business.

Last year, Bank of America named Boland to a newly created position that combined the mortgage-processing business he was already running with mortgage sales. Earlier this year, his role was expanded to include oversight of all consumer lending.

Boland has been based in New York for the past five years. He entered the banking industry in 1990, when he went to work in Florida for Bank of America predecessor North Carolina National Bank.

Popular posts

7 Refinance Strategies
7 Refinance Strategies

Refinance to a lower interest rate: If interest rates have dropped since you took out your original mortgage, refinancing to a lower rate can help you save money on your monthly payments and reduce the overall cost of your loan. Refinance to a shorter loan term:...

7 Refinance Strategies
Is Refinancing With Your Present Lender Preferable?

Do Not Accept the First Refinancing Offer You Receive Homeowners should not accept the first refinancing rate provided to them. This is particularly important if you are applying with your existing lender. Some mortgage lenders have mechanisms in place that prioritize...


Don’t worry, we don’t spam

calculate your monthly mortgage payment

Related Topics

Helpful Links

Daily mortgage rate trends

Best mortgage lenders

First-time homebuyers programs by state

Loan limits by state

Types of mortgages

APR vs interest rate

Understanding PMI

Related Posts

Fannie Mae Profile

Fannie Mae Profile

Last Updated December 27, 2018 7:38 PM Central   full list | other directories | bank search | SEC...