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Home » Store » Taxable » Bank of America Gives Up on Framework

Bank of America Gives Up on Framework

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Less than two years after acquiring the technology provider Framework and trumpeting the alliance as having the potential to “revolutionize” mortgage technology, Bank of America has decided to shut down the vendor unit. “We found there was a certain amount of duplication of efforts and resources” involved in owning the Tarrytown, NY-based provider, said Julie Davis, a spokeswoman for Bank of America. “We’ve integrated their technology into our basic framework, and we’re confident we can…
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