Thursday, March 23, 2023

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IMPROVED FORMULA? Joseph Baptista, president of Anchor Financial Mortgage Inc. in Pawtucket, says the Federal Housing Finance Agency’s plan to change the way risk-based fees are applied to home loans seems logical.
PBN PHOTO/­MICHAEL SALERNO

Changes in mortgage fee structure may shake up industry

Charging higher fees to a borrower who makes less money and has more debt has historically been the best way for mortgage lenders to...

HarborOne opens applications for annual college scholarship program

BROCKTON, Mass. – HarborOne Bank is seeking high school student applicants for its annual college scholarship program, according to a news release. The ONECommunity Scholarship...

HarborOne reports $46M annual profit amid mortgage banking slowdown

BROCKTON, Mass. – A slowdown in the mortgage banking business took a bite out of HarborOne Bancorp’s annual profits, which dropped 22.1% year over...

HarborOne donates $57K to 9 R.I. nonprofits

PROVIDENCE – HarborOne Bank through its Rhode Island charitable foundation recently donated $57,000 to nine Rhode Island nonprofits. The funding through the foundation’s biannual grant...

HarborOne donates $150,000 to local food pantries

PROVIDENCE – HarborOne Bank recently donated $150,000 to local food pantries and programs as part of its Harvest for Hunger program, according to a...

HarborOne parent company reports $14M Q3 profit

BROCKTON, Mass. – Rising interest rates helped boost HarborOne Bancorp’s earnings to $13.8 million for the third quarter, the company reported on Wednesday. The HarborOne...

Quincy granola company wins HarborOne pitch contest

PROVIDENCE – A Quincy, Mass.-based granola company won HarborOne Bank’s annual small-business pitch contest. As the winner of HarborOne’s 2022 Small Business Pitch Contest, Alskinny...

Five Questions With: Peter A. Rinaudo

Peter A. Rinaudo was recently named vice president and commercial lending officer for HarborOne Bank. He comes to HarborOne after 12 years as a...

HarborOne awards $100K in high school student scholarships

PROVIDENCE – HarborOne Bank recently awarded $100,000 worth of scholarships to 40 graduating high school students in Rhode Island and Massachusetts, according to a...

HarborOne reports $10M Q2 profit as mortgage banking business slows

BROCKTON, Mass. – A slowdown in the mortgage banking business hurt HarborOne Bancorp Inc.’s quarterly profits, which fell 30% compared with a year ago,...
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