Bank of America Corp. is getting ready for a new run in the mortgage lending business after pulling back nearly two years ago, the Wall Street Journal reports.

Bank of America (NYSE: BAC) retreated from home lending in 2010 and 2011 as it worked to raise capital.

But at the time, declining interest rates and federal housing programs were causing a surge in refinancing, helping rival such as Wells Fargo & Co. (NYSE: WFC).

Read more at the Wall Street Journal.