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Massachusetts Banking News. Service for global professionals. Constantly updated news and information about Massachusetts.
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Latest Massachusetts Banking News

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  • Mortgage Anxieties Mean Fannie-Freddie Limbo as Fed Pulls Back 28 Dec 2009 05:50 GMT
    ... Freddie Mac, which buy home mortgages from banks and package them into bonds sold to ... indirect government aid. The Obama administration is banking on the companies to help end a ... an Oct. 8 hearing. Barney Frank, the Massachusetts Democrat who heads the House Financial Services ...

  • Mortgage Anxieties Mean Limbo for Fannie and Freddie (Update1) 28 Dec 2009 17:00 GMT
    ... Freddie Mac, which buy home mortgages from banks and package them into bonds sold to ... indirect government aid. The Obama administration is banking on the companies to help end a ... an Oct. 8 hearing. Barney Frank, the Massachusetts Democrat who heads the House Financial Services ...

  • Historic low mortgage rates may make refinancing an ideal resolution for the New Year. 28 Dec 2009 19:21 GMT
    ... CEO of Norwell and Plymouth based Advanced Mortgage Services provides a quick overview of what ... maintains rigorous licensing requirements set by the Massachusetts Mortgage Bankers Association and is committed to upholding the ...

  • Feds raise alarm on bank rate risk 28 Dec 2009 15:10 GMT
    ... Massachusetts community banks with a stockpile of long-term mortgages on their books could be headed for a painful lesson if interest rates rise, ...

  • Fannie, Freddie remain problem children for feds 28 Dec 2009 17:40 GMT
    ... Freddie Mac, which buy home mortgages from banks and package them into bonds sold to ... indirect government aid. The Obama administration is banking on the companies to help end a ... an Oct. 8 hearing. Barney Frank, the Massachusetts Democrat who heads the House Financial Services ...

  • A glance at past, future decade in business 28 Dec 2009 00:40 GMT
    ... industry: THE PAST DECADE: The nation's big banks swaggered into the decade as owners of ... in federal bailout money last year, the banking industry has partly recovered from the worst ... Swelbar, who studies airline finance at the Massachusetts Institute of Technology's International Center for Air ...

  • The past and future decade in business at a glance 28 Dec 2009 04:33 GMT
    ... industry: THE PAST DECADE: The nation's big banks swaggered into the decade as owners of ... in federal bailout money last year, the banking industry has partly recovered from the worst ... Swelbar, who studies airline finance at the Massachusetts Institute of Technology's International Center for Air ...

  • Gerald T. Mulligan Elected to Federal Home Loan Bank of Boston Board of Directors 28 Dec 2009 15:10 GMT
    ... Executive Officer of LSB Corporation and its banking subsidiary, River Bank, has been elected to ... of Savings Bank Life Insurance Company of Massachusetts. Among other affiliations, he also serves as ... Bancorp, and is a former Commissioner of Banks for the Commonwealth of Massachusetts. Mr. Mulligan ...

  • Build America Bond Rush Propels Muni Debt Sales to $374 Billion 28 Dec 2009 05:50 GMT
    ... according to Municipal Market Advisors, a Concord, Massachusetts-based research firm. Last year, $20 million of ... for diversification, away from sovereign, corporate and mortgage-backed securities, Dalton said. The federal government will ... consolidate multiple borrowings into one regular payment. Banks led by Merrill Lynch will handle the offering. ...

  • Judicial Watch Announces List of Washington's "Ten Most Wanted Corrupt Politicians" for 2009 28 Dec 2009 18:00 GMT
    ... cover-up. Dodd remains the head the Senate Banking Committee. 2. Senator John Ensign (R-NV): A ... Boston-based OneUnited Bank at the urging of Massachusetts Rep. Barney Frank. As reported in the ... it would only provide funds to healthy banks to jump-start lending. Not only was OneUnited ...

  • Economist Cautiously Sees 'First Steps Back' For Housing Market 28 Dec 2009 12:00 GMT
    ... falling further, which would further disrupt the mortgage market and create more financial trouble. If ... continues to monitor the housing market in Massachusetts and across the nation. Click “Listen Now” ...

  • Economy Poised for Surge as Most Accurate Economist Sees U.S. 28 Dec 2009 05:50 GMT
    ... in Northfield, Minnesota, and joined the investment banking unit of London-based Barclays in 2005. “One ... end of last week. Maki says central bankers will lift the U.S. overnight bank lending ... a graduate of Harvard University in Cambridge, Massachusetts, with an MBA from Dartmouth College in ...

  • Democratic AGs call for end to home lending incentives 28 Dec 2009 15:01 GMT
    ... Reserve to prohibit home loan officers and mortgage brokers from receiving incentives for steering borrowers ... general of Arizona, Connecticut, Illinois, Iowa, Maryland, Massachusetts, Minnesota, Missouri, New Hampshire, North Carolina, Rhode ...

  • Help available as more in Greater Lowell struggle to heat homes 28 Dec 2009 18:52 GMT
    ... fuel-assistance budget has been fully funded, and Massachusetts stands to receive more than $200 million ... afford their rent. They can't afford their mortgage. If that's the case, they certainly can't ...

  • Cambridge Heart Raises $1.8 Million in Private Placement 28 Dec 2009 13:41 GMT
    ... originally based on research conducted at the Massachusetts Institute of Technology, is reimbursed by Medicare ... Copyright © 2009, NewsBlaze, Tags: Business wire, Banking and Finance, Healthcare, massachusetts, High Tech, PDAs, Printers, ...


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