Banking and Lending

Healey Hosts 6th Annual National Cyber Crime Conference

This week, Attorney General Maura Healey hosted the sixth annual National Cyber Crime Conference, the largest multiday conference of its kind to help equip law enforcement officials and prosecutors with the tools and skills to effectively detect and defeat cyber crime in the 21st century.

CFPB Sues Ocwen For Failing Mortgage Borrowers

CFPB Sues Ocwen For Failing Mortgage Borrowers

The Consumer Financial Protection Bureau last week filed suit against one of the country’s largest nonbank mortgage loan servicers, Ocwen Financial Corp., and its subsidiaries. The complaint alleges Ocwen failed borrowers at every stage of the mortgage servicing process.

Personnel File

BayCoast Bank, First Citizens’ Federal Credit Union and Shawmut Design and Construction are featured in this week’s roundup of organizations announcing changes to personnel.

Credit Unions Offer Flexibility To Gateway City Buyers

Credit Unions Offer Flexibility To Gateway City Buyers

In Massachusetts’ Gateway Cities, where borrowers’ loan applications may have more blemishes than those seen in the affluent suburbs, credit unions are often in a better position than larger lenders to help those would-be homeowners realize their goals.

Community Good Works

Community Good Works

Leominster Credit Union, Peabody Properties and Reading Cooperative Bank are among those featured in this week’s roundup of organizations giving back to their communities.

SpencerBANK And Southbridge Savings Bank To Merge

SpencerBANK And Southbridge Savings Bank To Merge

SpencerBANK and Southbridge Savings Bank announced yesterday that the two banks will indeed merge and begin operations later this year as Cornerstone Bank, despite initially announcing a merger of the holding companies and independent banking operations in late 2015.

Personnel File

Jack Conway, Lupoli Development and Martha’s Vineyard Savings Bank are among the organizations announcing changes to personnel in this week’s roundup.