Bank of America Corp. warrants held by the Troubled Asset Relief Program may be worth a record $1.5 billion, providing U.S. taxpayers about $203 million more than previous Wall Street estimates. Calculations last month from Nomura Securities International Inc. and finance professor Linus Wilson showed the U.S. holdings would drop to 211.3 million warrants, citing TARP rules that cut the stake if banks raise equity. Instead, the total stands at 272.2 million, according to Treasury Department spokesman Andrew Williams and a company filing.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
Most Popular Articles
Michigan’s Whitmer steps up, signs single-stair reform into law
Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, with a single interior exit stairway. Michigan housing advocates say the […]
Jul 22, 2026
-
Mortgage rates hit yearly high as Iran conflict escalates
Jul 23, 2026 -
Berkshire completes Taylor Morrison deal valued at $8.5B enterprise value
Jul 24, 2026 -
New York outflows reshape housing demand in Texas and Florida
Jul 24, 2026 -
Home sales are positive but higher rates slowing demand
Jul 25, 2026 -
Don’t fall for a fake foreclosure crisis
Jul 24, 2026
Latest Articles
Gaining that local edge to outperform competition amid market consolidation
Independent brokerages can compete in a consolidating market by specializing in defined neighborhoods and systematizing local content from listings. Adding AEO alongside SEO improves visibility in AI search, while repeatable frameworks help scale consistency across agents.
-
America’s accidental landlords: The hidden consequence of the mortgage lock-in effect
-
New York City posts notice of new tax levy to pied-a-terre owners
-
Lot demand shifts to terms and timing at Forestar, Five Point
-
Ruth Reffkin launches Compass real estate team in NYC
-
Agent movement stalls as retention takes hold in Q2
Paul Jackson is the former publisher and CEO at HousingWire.see full bio