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Ten of the largest U.S. mortgage servicers will pay a combined $8.5 billion under an agreement that will end case-by-case reviews of foreclosure-abuse claims stemming from a 2011 deal with regulators
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By Jesse Hamilton |
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Bank of America Corp., the second-biggest U.S. lender by assets, agreed to pay Fannie Mae $3.6 billion to resolve home-loan repurchase claims.
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By Zachary Tracer |
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In response to a growing demand for skilled workers,
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Thanks to funds recently donated by
1/21/13
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The Washington Trust Co. collected more than six tons of peanut butter during this year’s annual drive, bringing the bank’s 12-year total to more than 100 tons of peanut butter.
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By PBN Staff
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Four banks with local operations – Bank of America Corp., Brookline Bancorp., Rockland Trust parent company Independent Bancorp and Webster Bank – made Forbes magazine’s 2013 list of the “Best Banks in America.”
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By PBN Staff
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Webster Financial Corp., parent company of Webster Bank, reported a 20.2 percent gain in fourth-quarter profit to $48.5 million.
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By PBN Staff
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Washington Trust’s Commercial Real Estate Group has provided a $4.2 million commercial mortgage to Parkingway Acquisitions LLC for the purchase of a multi-use property near the historic district of Quincy, Mass., according to a press release from the bank.
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By Rhonda Miller |
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The South Eastern Economic Development Corp. and Mechanics Cooperative Bank are sponsoring two workshops focused on financial issues for entrepreneurs.
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By Rhonda Miller |
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Mobile and social media are rejuvenating the delivery of financial services, although the technological advances are proving to be both an asset and a challenge to financial institutions, according to a report by Javelin Strategy & Research.
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By Rhonda Miller |
