Company Name:
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Bank of America Home Loans
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Parent:
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Bank of America Corp.
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Stock Symbol:
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BAC
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Related Companies:
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BAC Home Loans Servicing LP
Bank of America, N.A.
Countrywide Financial Corp.
First Franklin Credit Corp.
Home Loan Services Inc.
LaSalle Global Trust Services
Merrill Lynch & Co. Inc.
Merrill Lynch Home Loans
ReconTrust Company, N.A.
Wilshire Credit Corp.
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Headquarters Address (BoA):
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| Bank of America Corp.:
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100 North Tryon Street
Charlotte, NC. 28255 |
| Bank of America Home Loans:
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4500 Park Granada
Calabasas, CA. 91302 |
Employees:
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| Number of Employees (company-wide):
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204,681Â as of Sept. 30, 2018
209,376Â as of Dec. 31, 2017
208,024Â as of Dec. 31, 2016
213,280Â as of Dec. 31, 2015
223,715Â as of Dec. 31, 2014
242,117Â as of Dec. 31, 2013
267,190Â as of Dec. 31, 2012
284,635Â as of Dec. 31, 2011
286,951Â as of Dec. 31, 2010
283,055Â as of Dec. 31, 2009
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| Mortgage Employees:
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42,000Â as of Aug. 31, 2013
48,000Â as of April 27, 2009 (mortgage and insurance)
16,000Â as of March 31, 2010 (default management staff)
6,400Â as of March 31, 2009 (home-retention associates) |
| Legacy Asset Employees:
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10,800Â as of March 31, 2016
11,200Â as of Dec. 31, 2015
17,100Â as of Dec. 31, 2014
28,800Â as of Dec. 31, 2013
49,600Â as of Dec. 31, 2012 |
| Number of Loan Officers:
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3,607Â as of March 31, 2013
3,519Â as of Dec. 31, 2012 |
Number of Banking Centers:
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4,385Â as of Sept. 30, 2018
4,470Â as of Dec. 31, 2017
4,579Â as of Dec. 31, 2016
4,726Â as of Dec. 31, 2015
4,855Â as of Dec. 31, 2014
5,151Â as of Dec. 31, 2013
5,478Â as of Dec. 31, 2012
5,702Â as of Dec. 31, 2011
5,856Â as of Dec. 31, 2010
6,011Â as of Dec. 31, 2009
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Number of Servicing Locations:
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33Â as of Aug. 31, 2013
51Â as of Aug. 31, 2012
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Number of Approved Mortgage Brokers:
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5,000Â as of April 9, 2009
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Web sites:
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Bank of America Home Loans
www.bankofamerica.com/loansandhomes/
www.BankOfAmerica.com
www.Countrywide.com
Wholesale:
Employment
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Executives
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| Chairman of the Board:
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Brian Moynihan
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| Vice Chairman:
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Gary G. Lynch
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| President (BofA Corp.):
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Brian T. Moynihan |
| CEO (BofA Corp.):
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Brian T. Moynihan |
| CFO (BofA Corp.):
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Paul Donofrio
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| COO (BoA Corp.):
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Thomas K. Montag
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| CRO (BofA Corp.):
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Geoffrey Greener
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| President (Strategic Initiatives):
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Terry Laughlin
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| Global Technology and Operations Executive (BofA Corp.):
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Catherine P. Bessant
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| Global Strategy and Marketing Officer (BofA Corp.):
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Anne M. Finucane
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| Corporate General Auditor (BofA Corp.):
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Christine P. Katziff
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| Global General Counsel (BofA Corp.):
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David G. Leitch
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| Global Human Resources Executive (BofA Corp.):
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Sheri B. Bronstein
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| Legacy Asset Servicing Executive (BofA Corp.):
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Ron D. Sturzenegger
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| Mortgage Servicing &Â Operations Executive:
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Tony Meola
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| Managing Director, Consumer Lending
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D. Steve Boland.
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| Credit Loss Mitigation Strategies and Secondary Market Executive (BofA Home Loans):
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Ron Sturzenegger
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| Third-Party Origination Executive (Bank of America Home Loans)
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Doug Jones
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| National Mortgage Ourtreach Executive (Bank of America Home Loans)
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Rebecca Mairone
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| Home Loans Sales Executive
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Matt Vernon
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| West Division Retail Sales Executive (Bank of America Home Loans)
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Todd Dal Porto
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| Global Compliance Execuitive (Bank of America Home Loans)
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Paula Dominick
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| Head of Digital Banking:
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Michelle Moore
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Residential Production (BofA including home equity):
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$43.007 billion 2018 through Sept. 30
$67.505 billion 2017
$79.367 billion 2016
$69.990 billion 2015
$52.866 billion / 163,500 loans 2014
$89.776 billion 2013
$78.659 billion 2012
$156.1 billion 2011
$306.5 billion 2010
$391.3 billion 2009
$181.0 billion 2008
$188.6 billion 2007
$166.3 billion 2006
$86.8 billion 2005
$87.6 billion 2004
$131.1 billion 2003
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Commercial Production (Merrill Lynch):
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619 loans for $20.740 billion 2016
779 loans for $25.411 billion 2014
1,189 loans / $37.250 billion 2013
910 loans / $27.515 billion 2012 |
Mortgage Holdings
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| Total Mortgage Servicing Portfolio:
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$510.651 billion as of June 30, 2018
$517.6 billion as of Dec. 31, 2017
$565.2 billion as of Dec. 31, 2016
$565.0 billion as of Dec. 31, 2015
$693.0 billion as of Dec. 31, 2014
$810.0 billion as of Dec. 31, 2013
$1.406 trillion as of Dec. 31, 2012
$1.777 trillion as of Dec. 31, 2011
$2.056.8 trillion as of Dec. 31, 2010
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| Third-Party Mortgage Servicing Portfolio:
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$249.5 billion as of June 30, 2018
$256 billion as of Dec. 31, 2017
$307 billion as of Dec. 31, 2016
$378 billion as of Dec. 31, 2015
$474 billion as of Dec. 31, 2014
$550 billion as of Dec. 31, 2013
$1.045 trillion as of Dec. 31, 2012
$1.365 trillion as of Dec. 31, 2011
$1.628 trillion as of Dec. 31, 2010
$1.716 trillion as of Dec. 31, 2009
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| Residential Mortgages on Balance Sheet:
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$208.186 billion as of Sept. 30, 2018
$203.811 billion as of Dec. 31, 2017
$191.797 billion as of Dec. 31, 2016
$187.911 billion as of Dec. 31, 2015
$216.197 billion as of Dec. 31, 2014
$248.066 billion as of Dec. 31, 2013 (includes discontinued loans)
$243.088 billion as of Dec. 31, 2012 (excludes discontinued loans)
$262.3 billion as of Dec. 31, 2011
$258.0 billion as of Dec. 31, 2010
$241.6 billion as of Dec. 31, 2009
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| Home-Equity Loans on Balance Sheet:
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$51.235 billion as of Sept. 30, 2018
$57.744 billion as of Dec. 31, 2017
$66.443 billion as of Dec. 31, 2016
$75.948 billion as of Dec. 31, 2015
$87.725 billion as of Dec. 31, 2014
$93.672 billion as of Dec. 31, 2013
$107.996 billion as of Dec. 31, 2012
$124.7 billion as of Dec. 31, 2011
$138.0 billionas of Dec. 31, 2010
$149.1 billion as of Dec. 31, 2009
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| Discontinued Real Estate Loans on Balance Sheet (Countrywide HELs & subprime):
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$9.892 billion as of Dec. 31, 2012
$11.1 billion as of Dec. 31, 2011
$14.9 billion as of Dec. 31, 2010
$14.9 billion as of Dec. 31, 2009
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| Commercial Mortgages Servicing Portfolio:
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$4.895 billion as of Dec. 31, 2015 (as reported by MBA)
$44.082 billion / 5,214 loans as of Jun. 30, 2013
$112.482 billion / 9,376 loans as of Dec. 31, 2012 (Bank of America Merrill Lynch)
$115.0 billion / 9,840 loans as of Dec. 31, 2011
$126.6 billion / 10,789 loans as of Dec. 31, 2010
$131.7 billion / 9,589 loans as of Dec. 31, 2009
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| Commercial Mortgages on Balance Sheet:
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$61.073 billion as of June 30, 2018
$58.298 billion as of Dec. 31, 2017
$57.355 billion as of Dec. 31, 2016
$57.199 billion as of Dec. 31, 2015
$47.682 billion as of Dec. 31, 2014
$46.3 billion as of Dec. 31, 2013
$37.2 billion as of Dec. 31, 2012
$37.8 billion as of Dec. 31, 2011
$49.4 billion as of Dec. 31, 2010
$66.5 billion as of Dec. 31, 2009
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Delinquency
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| Residential delinquency of at least 30 days including FHA Loans: |
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11.83%Â as of Dec. 31, 201210.94%Â as of Dec. 31, 2011
9.41%Â as of Dec. 31, 2010
8.00%Â as of Dec. 31, 2009
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| Residential delinquency of at least 30 days excluding FHA Loans:
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2.1%Â as of Dec. 31, 2012
2.49%Â as of Dec. 31, 2011
2.69%Â as of Dec. 31, 2010
3.26%Â as of Dec. 31, 2009
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| HEL delinquency:
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1.1%Â as of Dec. 31, 2012
1.5%Â as of Dec. 31, 2011
1.5%Â as of Dec. 31, 2010
1.6%Â as of Dec. 31, 2009
1.9%Â as of Dec. 31, 2008 |
Government Data on Bank of America
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| FDIC Profile (Bank of America, National Association):
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Bank of America FDICÂ profile
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| SECÂ Filings (Bank of America Corp.):
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Bank of America Corp. SEC Filings |
