Housing Mortgages Information

Moody’s Downgrades Bank of America, Says May Need Aid

March 25, 2009 – 12:23 pm Bank of America might need another injection of capital from the U.S. government, Moody's Investor Service said after a downgrade. Moody's cut the bank's senior debt to A2 from A1, the senior subordinated debt to A3 from A2, and the junior...(read more)