Bank of America Plans to Use American-Indian Mortgage Programs - 2004-03-03
Bank of America, responding to sharp criticism of its lending efforts in Indian country, is reviewing the government guaranteed mortgage programs for American Indians and "hopes" it will start using them in the next quarter.

The bank, which is undergoing scrutiny by the Federal Reserve Board in connection with its deal to buy Boston-based FleetBoston Financial Corp., answered a critical comment letter to the Fed on the acquisition by the National American Indian Housing Council.
Read the full story at Miami Herald

Fed's Beige Book sees tepid jobs growth - 2004-03-03
The US economy still has not delivered a longed-for jobs boom even as the expansion goes into early 2004, the Federal Reserve's Beige Book survey showed this evening.

Demand for housing, powered by super-low mortgage rates, was 'strong,' the bank said. But commercial real estate markets were 'soft.'
Read the full story at OnBusiness