Banking
394 results total, viewing 11 - 20
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 more
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. more
In response to a growing demand for skilled workers, Bank Rhode Island recently donated $3,500 to a metalworking program aimed at creating a new generation of employees. more
Thanks to funds recently donated by BankNewport, Methodist Community Gardens has more space to grow and more capacity to give. more
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. more
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.” more
Webster Financial Corp., parent company of Webster Bank, reported a 20.2 percent gain in fourth-quarter profit to $48.5 million. more
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. more
The South Eastern Economic Development Corp. and Mechanics Cooperative Bank are sponsoring two workshops focused on financial issues for entrepreneurs. more
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. more
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