Big banks pledge billions to boost housing market
Major banks are investing in programs aimed at helping first-time buyers and others secure homes amid a persistent housing shortage.
As millions of Americans continue to struggle to find housing, several of the nation’s biggest banks are pledging money to boost the housing market. Over the next decade, banks like JPMorgan Chase, Citibank, Wells Fargo and Bank of America plan to invest in programs to help first-time buyers and others find homes.