What's Good For Bank Of America Is Good For Real Estate And Vice Versa
- Bank of America has recently made inroads with government regulators, meeting capital requirements to begin using capital more freely. It has likewise recently cleared away significant litigation costs.
- The bank is now more free to allocate capital in manners beneficial to business development and shareholder return, like for instance its recent dividend increase.
- As the bank frees up previously restricted lending capabilities, it should serve housing and real estate development, which in turn will pay back rewards through to the bank's entire business.