Housing Market Tests New Mortgage Program’s Effectiveness
MHP’s new mortgage product offers new and bigger discounts to low- and middle-income buyers. But without more housing supply, officials say, there are limits to how much it can do on its own.
Gateway Cities Homebuyers Get New, Cheaper Mortgage Option
Low- and moderate-income, first-time homebuyers in Massachusetts’ largely working-class Gateway Cities have a new mortgage option at their disposal that’s designed to make home ownership more attainable.
Strategic Moves in Newton
As one generation of The Village Bank executives hand the baton to a new cohort, the current and former board chairs – one a former TVB CEO – and the current CEO reflect on how strategic planning has changed in the banking sector.
When Fraud Hits, Some Banks See Opportunities for a Win
New data shows if banks want customers to view them favorably, how instances of fraud are handled is crucial.
Celtics’ Derrick White Joins Berkshire Bank as Brand Ambassador
Berkshire Bank has added an Olympic gold medalist and NBA champion to its team: Boston Celtics guard Derrick White joined the bank as a brand ambassador.
Healey Signs Law Protecting Nonprofit Lender from Consumer Lawsuit
Gov. Maura Healey’s decision to not veto legislation that shields a Boston non-bank lender being sued by its borrowers is being blasted by the lawyer in the case.
Citizens Bank Building Out Consumer Banking Team
Citizens recently added to its consumer banking team with one hire and two promotions from within.
Mass. Home Sales Bounce Back in October
According to data from The Warren Group, publisher of Banker & Tradesman, single-family home sales increased 11.6 percent year-over-year.
Mortgage Customer Satisfaction Declines
J.D. Power credits lenders trimming their staff in the reduction of quality customer service.
As NAR Punts on Clear Cooperation, Local Brokers Argue It Should Stay
Fractures in the residential real estate industry over a policy that’s supposed to curb so-called “pocket listings” are raising the possibility of another huge shift in how homes are bought and sold.
Mass. Legislators Shield Shared Appreciation Mortgage Lenders from Lawsuits
Language shielding lenders of an unusual type of mortgage from lawsuits got included in the state’s big economic development bill this week over the objections of the state’s biggest mortgage-lender trade group.
Winter Best Time For New England Homebuyers to Purchase Home
Homebuyers in New England looking to get the best deal on their new home should do so during the chilliest time of the year, a new analysis says.
Bristol County Savings Bank Promotes Dennis Leahy to COO
Bristol County Savings Bank has promoted Dennis Leahy to first executive vice president and chief operating officer.
Mass. CRE Lending Jumped in Q3, But Banks’ Share Dwindled
According to a new report from CBRE and data from The Warren Group, the commercial real estate market continues to show signs of improvement.
Buyers Want More Sustainable Homes, Zillow Report Says
Zillow’s 2025 “Home Trends” report says homebuyers are increasingly looking for homes with climate-resiliency features.
River Run Announces ‘Pivotal’ New Chief Risk Officer
The mutual holding company for Newburyport Bank and Pentucket Bank has named a new chief risk officer in what it called a “pivotal” appointment.
Three Months in, NAR Settlement’s Opportunities Come into Focus
After the commission settlements landed, some thought the buyer’s agent was an endangered species. But while they must change, experts say, it’s not the whole story.
J.D. Power: Bank Customers Reward Fraud Prevention, Resolution
Bank fraud, if prevented or resolved well, can be as much an opportunity as a source of risk for banks, a new J.D. Power survey shows.
Harvard Researchers Say Immigrants Not to Blame for Home Price Spikes
While immigration has been used as a talking point by some politicians when discussing the United States housing market, research from the Joint Center for Housing Studies at Harvard University shows that price growth predates a recent surge in immigration.
NAR Profile of Homebuyers and Sellers Illustrates Affordability Issues
The number of first-time homebuyers dropped to the lowest historical share since NAR data collection began in 1981.
